- Managing Transaction Document Currencies
- Marketing Campaigns
- Upload Library
- Mail Shots
- Using HubSpot with Workbooks
- Introduction to Transaction Documents
- Credit Notes
- Customer Orders
- Supplier Orders
- Contract Management
- Introduction to System Administration
- Users & Security
- Email & Integration
- PDF Configuration
Remember to review your Exchange Rates periodically.
- Supplier Orders
- Invoicing for shipping charges
- Recommended practice for dealing with accidentally POSTED invoices
- Default Recipients in Email Templates
- What rules govern the ability to delete a DRAFT invoice?
- Related Items (ORD and INV)
- Why isn't my Organisation form layout applied?
- How do I create a report containing the contact details for all people that work for our customers?
- Bringing your quotations alive with product pictures
- Applying discounts to a quotation
- Creating Contracts
As part of the Workbooks configuration, each of the Own Organisations should be set up with a home currency and a list of permitted foreign currenciesŦ.
- Home Currency - this is the currency on which the financial management of an Own Organisation is based. The home or base currency is normally the same as that of the country in which the Own Organisation is registered;
- Foreign Currency - this is any currency which is not the home currency of the Own Organisation.
Exchange Rates between each of the home currencies and all of the foreign currencies also need to be set at the time of configuration and should be maintained regularly to reflect the latest rates of exchange.
When creating Transaction Documents, such as a Quotation or an Invoice, the Own Organisation, (which will determine the home currency for the document) and the document currency itself, must be set. If the logged-in User is associated with more than one Own Organisation then they will be presented with a choice. The document currencies will be restricted to the allowed currencies for the Own Organisation selected.
If an Invoice, for example, is POSTED with an Exchange Rate which is different to a subsequent receipt or payment to settle the Invoice, then the difference between the two values, assuming the payment is in full, can be considered as an exchange loss or gain.