Jim2 Handles Multiple Currencies
Introducing Jim2 Multicurrency. Capable of handling your business
workflow end-to-end in a global economy. More than just an accounting
product, Jim2 manages
- Quoting
- Sales
- Service
- Manufacturing
- Purchasing
- Customer Records
- High level FIFO Stock Control
- Live Business Analysis including productivity reporting
- Live Financials and now, fully integrated foreign currency transactions and Reporting.
If your firm derives a significant part of its turnover from
international trade, exchange rate fluctuations can have a major
influence upon results. With a high turnover in foreign currencies,
those variations can make a big difference between profit and loss. The
resources required in maintaining high volumes of multiple currency
transactions, and reporting the impact currency fluctuations on them
accurately, impacts on your bottom line too.
Jim2 Multicurrency makes it easy for you to manage both unrealised
gains and losses (potential changes in the value of overseas
transactions) and realised gains and losses (the actual changes in the
value of your assets, liabilities and equity that occur when you
exchange foreign currency for your local currency) by providing
accurate, live transaction reporting as you work.
Jim2 Multicurrency allows for an unlimited number of definable
Foreign Currencies. Maintenance of Exchange Rates is easy to manage
using the Currency Rate table. Jim2 automates individual Spread Limit %
(swing) and “Out of Date” warnings on each Currency to ensure accuracy
and encourage vigilance when dealing with the volatility of foreign
exchange.
Jim2 Multicurrency removes any need for separate Debtor /Creditor
identities to trade in multiple currencies. The suite of practical
documents and professional business reports in Jim2 supports all
Multicurrency requirements.
The Jim2 Multicurrency Revaluation Session is a professional tool
for recording and reporting your foreign currency position. Fully
integrated into the functionality of Jim2 Business Engine, this feature
now reports your Unrealised foreign exchange exposure at any point in
time, automatically creates the journals required when currencies are
revalued, with automatic Realisation journals created on full or part
payment of invoices.
To find out more about Jim2 Multicurrency please view the White Paper detailing the functionality and configuration.
All the power and proven functionality you’ve come to expect from
Jim2 Business Engine – now including fully integrated Multicurrency.
Seeing is believing – there’s nothing else like Jim2 Business Engine.
To contact Happen Business, please phone 02 9570 4696 or simply fill in the form below and we will be in touch very soon.