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The ABS Currency Conversion P.E.P. Pack® is an add-on module that interfaces with any of these 4 ABS software modules: Accounts Receivable, Accounts Payable, General Ledger and Point of Sale. It provides your company with the ability to record and report financial information in any foreign currency.
With the Currency Conversion module, you an process cash receipts, issue vendor payments, record retail store payments and generate financials in the currency of your choice.
All results are calculated based on your most recent entries in the Daily Rate Table.
Note: Currency Conversion requires only one ABS module: Accounts Receivable, Accounts Payable, General Ledger or Point of Sale. If you use more than one of these modules, only one Currency Conversion module is required.
"Currency Conversion" is part of the ABS Accounting System line of products, developed by ABS--American Business Systems.
ABS Accounting System is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.