Open Job Entries and Unallocated Invoices

When you create a job entry in Maconomy, you enter a billing price in the job currency based on the price list on the current date.

When job entries are registered continually on the open job, they use this billing price. Because the invoicing process and due dates may be carried out much later in the process, a billing price in a foreign currency may gain or lose value.

For example, if you have a long term job with open billing prices, evaluating and posting exchange rate variances when a job is closed or when invoices are posted may result in significant losses due to exchange rate fluctuations throughout the duration of the job.

You can manage unrealized exchange rate gains or losses regularly throughout the job process, instead of when job entries are closed. This allows you to better visualize growing gains or losses due to exchange rate fluctuations.