Hello -
We are a US based hotel company, with one of our properties having a Swedish owner. We need to report our financial statements in USD under GAAP, but our owner also would like to view the reports converted to Swedish Krona.
Is there a way to convert a report that has a USD balance to another currency, or will we have to create a separate company and run all of the transactions with the currency converter?
Thanks!
Answer
Currency Conversion on Reports
Best answer by nhatnghetinh
Hi
We also have a similar situation and we do it by creating Customization reports based on the exchange rates of the currencies.
Best Regards,
NNT
+19Hello,
Acumatica offers multiple currency features with Financial Statement translation: Global Financials is available with Advanced or Enterprise.
Laura
~ Laura Barber, WM Synergy
+11Hi
We also have a similar situation and we do it by creating Customization reports based on the exchange rates of the currencies.
Best Regards,
NNT
I have devoted my time and deep passion to Acumatica! 🌐 https://www.linkedin.com/in/phambaotruong
Hi
Thanks!
+11Hi
Below is an example screenshot of a report. Base currency is USD and converted to SGD.
You need a team with customization capabilities or you can contact your Acumatica Partner to do it.
Best Regards,
NNT
I have devoted my time and deep passion to Acumatica! 🌐 https://www.linkedin.com/in/phambaotruong
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