Currency Conversion

Amounts specified or derived in a currency which is different from the base currency of the company in question are converted into the company’s base currency.

The principles for this calculation are described in the following.

We distinguish between jobs using floating exchange rates and jobs using fixed price information. In the Job Price Information window, you can specify which of these two methods should be used on each job. Furthermore, the currency conversion can be performed on the date of the job entry or on the date of invoicing.