Multi Currency
The Currency fields which can be set globally (see Help on Company
Details), on a per debtor basis (see Help on Financial Detail of
the Debtor screen) and also on a per Transaction level (see
the Help on Transaction, Currency) enable you to control with
great specificity what currency type a debt or payment has been
recorded in for your locale.
Transaction Multi Currency
Actual Currency
Actual transaction currency.
This field displays the Currency the payment was made in.
This should be the Currency of the account if you are using
the Collect! Month End statement process.
If the Debtor pays in a Currency other than the one the debt
was recorded in, you MUST convert the Currency before
entering the payment into Collect!
Collect! does not calculate using exchange rates and
currencies. These fields are provided for your own
informational purposes only.
Actual
Actual transaction amount.
Posted
Posted Date of this transaction.
Debtor Currency
Currency for this debtor.
Debtor Exchange Rate
Use this field to capture the Exchange Rate for the
transaction as it is posted. You can enter the Exchange
Rate between the Currency and the Statement Currency
here manually, if required.
Collect! does not calculate using exchange rates and
currencies. These fields are provided for your own
informational purposes only.
Deposited
Date this transaction amount was deposited. This is
taken from the Transaction's Deposited field to keep
track of check clearing.
Agency Account Currency
This is the Client Statement Currency. We use this field to
capture the Currency that the Exchange Rate applies to for
a transaction as it is posted.
Collect! does not calculate using exchange rates and
currencies. These fields are provided for your own
informational purposes only.
Agency Exchange Rate
Exchange rate for the agency.
To Us
To Us amount of this transaction.
Direct
Amount paid directly to Client.
To Agency
This field is provided for your own
informational purposes only.
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