Multi-currency Solution

Acctivate for QuickBooks multi-currency software user, European Wine Resource

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Acctivate for QuickBooks multi-currency software user, European Wine Resource

“When I’m creating each purchase order, the multi-currency feature in Acctivate saves me about 5-10 minutes per purchase order.”

Gregory Gandolfo

Operations Manager

Multi-currency is more than math

If you are selling multi-nationally, not just the currency changes for each country – the cost of doing business in each country is different and you need to adjust to cover the varying costs.

To do so, you need a solution that supports your multi-national pricing strategy and multi-currency.

A multi-national pricing strategy requires the ability to set prices within a given country where you desire to do business and currency conversion that establishes the selling price based on the current exchange rate.

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Acctivate for QuickBooks multi-currency software user, The Brand Passport

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Acctivate for QuickBooks multi-currency software user, The Brand Passport

“In the past, when we had to do multi-currency it always involved us keeping track of the dates when we issued the PO and when we received the goods and it caused a lot of accounting adjustments.

Now, thanks to Acctivate’s multi-currency function, it’s more of a seamless integration with the way totals are set up in QuickBooks and we can better track the cost. In other words, when we receive the goods I can enter the exchange rate into Acctivate that day and it captures that information right then and there.

So from an accounting perspective, Acctivate makes the whole multi-currency a much smoother process, instead of someone having to go in and manually make journal entries to offset any differences compared to what the exchange rate was in a certain date in the past.”

Jason Stuart

Logistics Manager

A flexible, easy-to-use QuickBooks multi-currency solution

Acctivate for QuickBooks’ multi-currency capabilities are the most flexible, feature-rich solution available with the ability to support multi-national strategies and currency conversion, including:

• QuickBooks multi-currency capabilities that support multi-national strategies and currency conversion.
• Maintain a price list for each currency.
• Buy and analyze purchasing in your vendor’s currency.
• Sell and analyze sales in your customer’s currency.
• Buy & sell in your own home currency.
• Maintain payables in multiple currencies.
• Maintain receivables in multiple currencies.
• Keep your accounting in your home currency.
• Have no limit on currencies used.

And more…

• State published prices in multiple currencies.
• Report sales transactions in the country of sale currency & home currency.
• Currency rates are automatically updated from QuickBooks exchange rates.
• Create virtually any report or document to gain the information you need, in the currency of choice.

Multi-currency solution seamlessly integrated with QuickBooks

Acctivate software’s multi-currency functionality seamlessly integrates across Acctivate, including purchasing, sales, pricing and customer credit and collections. Multi-currency is supported in QuickBooks 2009 versions and later, including U.S. and Canada editions.