Currency Conversion Module
Currency Conversion Module
This module provides an ability to change financials uploaded in a local amount to transaction amount and vice versa as well as visualise the amounts in a currency of choice for a better comparison of the data.
The Currency Conversion Module can be used in combination with the following parts and modules of the application:
- Local File creation: During initialisation of your transactions you can change financials uploaded in a local amount to transaction amount and vice versa. Amounts extracted from Oracle HFM, SAP or any other ERP system can be converted into local amounts.
- Local File Survey: let the local user change financials to domestic currency or any other currency of their choice. The user has the freedom to change the currency for all figures for a transaction in one go or the user can decide to change the currency manually line by line.
- Country-by-Country Reporting Module: automatically convert all CbCR financial data to one functional currency (more info).
- Data evaluation: automatically visualise the amounts in a currency of choice for a better comparison of the data.