Skip to main content
Solved

Currency Conversion on Reports

  • 12 June 2024
  • 5 replies
  • 29 views

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!

5 replies

Laura02
Rank
Badge +18

Hello,

Acumatica offers multiple currency features with Financial Statement translation: Global Financials is available with Advanced or Enterprise.

Laura

Laura ~ Klear Systems, Inc. Irvine, CA. ~
nhatnghetinh
Rank
Userlevel 7
Badge +5

Hi @mdyer 

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

Hi Everyone. If a member helped you, please *Like* their post, and if a member provided an answer to your question, please mark it as *Best Answer*
M
Rank
Userlevel 3
Badge

Hi @nhatnghetinh , thanks for your response. A bit unfamiliar with that process. Do you mind elaborating a bit on what you do?

Thanks!

nhatnghetinh
Rank
Userlevel 7
Badge +5

Hi @mdyer 

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

Hi Everyone. If a member helped you, please *Like* their post, and if a member provided an answer to your question, please mark it as *Best Answer*
M
Rank
Userlevel 3
Badge

Thank you for your response!

Reply


Terms & ConditionsCookie settings