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Bank Reconciliation - Currency Code Listing
Dealing with foreign companies will inevitably make you transact in foreign currencies. AccountMate accommodates customer transactions in foreign currency through the use of the currency code. The Currency Code Listing provides information on each currency codes. Generate this report for a list of currencies maintained in the system with relevant information related to it such as conversion rates, currency symbol, description, current and last updated exchange rates, and the posting GL Account IDs for the foreign exchange gains/losses. These currency codes are set up through the Currency Code Maintenance function.
This report can be used to determine the correctness of the foreign exchange gain/loss GL Account IDs assigned to each currency code and to ensure that the exchange rates are up to date.
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