Technowin Solutions Private Limited is a leading provider of Tally Solution Providing Tally.ERP 9, Tally Sales, Tally Support, Tally Training, Customization for Tally, Integration, & Tally AMC
 
customer care  

For Sales :: 08080282559 / 09004809480

For Support :: 022 - 28104422 / 28104432

 
Our Facebook Page
Buy Now Price List Demo Download Upgrade Tally.Net Rent Migrate Tally Tips Remote Support Blog Generate Instant Quotation Dial an Expert
 
HomeProducts >  Tally.ERP 9 > Multi-Currency
Multi-Currency
As a business transacting in multiple currencies, you will appreciate the effortless usability of Tally.ERP in this area.

Say, you make purchases from a supplier, and transact in a currency different (say $) from that of your base currency (say INR). You’d like to keep track of the dollars due, as well as the $ amounts due for each bill. This way you get to know your foreign currency requirements as well as cross check the accounts in $.

At the same time you would want to see outstanding and other financial reports in INR. Since this figure depends on the exchange rate as on the date of the report, generating these are time consuming. With Tally.ERP 9 all reports are generated automatically - all that is needed is that the forex rates be available for reference.

Foreign exchange gain & loss entries are 'posted' automatically (as a notional entry), whenever any report is taken. The day you decide to make these entries regular (say end of the financial year) you can post the required accounting Journal (with software assistance).

Importers and exporters maintain bank, customer & other accounts in foreign currencies (like the example of the supplier) - you can maintain these in any currency required.

As a branch or subsidiary of a foreign entity, or for reporting, you may need to generate reports in a currency other than the base, at some exchange rate. This capability is available across all reports.

You may need to compare companies having different base currencies - switch one company to use the currency of the other, or switch them both to a third!

Basically, every amount field in a Tally.ERP 9 voucher is multi-currency enabled. This allows you to conduct business in ways that manual systems permit and most IT systems fail to provide. It is possible for a supplier to, say, send a quote for items in INR, some in US$ and some in €.
Fill Below Form For Quick Enquiry
Name :
Company :
Address :
E-mail :
Phone No. :
Requirements :
Quick Links



Tally Products Tally.ERP 9 Services Tally Add on Modules Tally.ERP 9 Vertical Solution
Tally.ERP 9 ERP Consultancy Biz Analyst - Tally.ERP 9 on Mobile Jewellery Software
Tally.ERP 9 - Auditors'Edition Tally Implementation Services CEO/CFO Dashboard Co-operative Housing Society
Tally Server 9 Corporate Training Voucher Type Secutity CRM
Tally Shoper 9 Tally AMC (Annual Maintenance) Voucher Authorisation Builders & Developers Module
Tally Developer Onsite & Remote Support Voucher Alteration History School Management Module
  Tally Customization Negative Stock Control Hospital Management Module
MoreMore   Tally System Audit Negative Cash Control Hotel Management Module
  Tally Software Services Tally ERP 9 Magic Utility Automobile Sales & Service
    Delete Unused Ledgers  
  More More   More More   More More  
(c) All Rights Reserved. Tally World is a division of Technowin Logo
Developed and Maintained by PLA Net India.
Reproduction in whole or in part in any form or medium without express written permission of Technowin Solution Private Limited is prohibited
FacebookTwitter
 
Tally.ERP 9 Series B