Currency Management

Currency Management automates the process of both buying and selling in foreign currencies. Manual transactions are eliminated as Vantage, Epicor's eManufacturing solution, tracks default currencies as well as extensive exchange rate tables. Lock transactions in at a specified rate with automatic gain/loss reporting. This eliminates the guesswork from handling foreign transactions. Throughout Vantage, the currency symbol is displayed notifying the user of the currency being used.

Currency Tables
Optionally define multiple currency tables per company.

Exchange Rates
Update exchange rates as frequently as daily to support last minute exchange changes.

Customer Orders
Customer orders automatically default to the customer's base currency, but may be changed at any time.

Purchase Orders
Vendor purchase orders automatically default to the vendor's base currency, but may be changed at any time.

Vendor Price Breaks
Price break tables completely support the vendor's currency structure.

Accounts Payable
Checks to vendors are printed in the vendor's currency with automatic conversion from base currency.

Invoicing
Invoices to customers are generated in the customer's base currency.

Cash Receipts
Cash received in the customer's currency is automatically converted back to your base currency upon receipt. There is no need for manual calculations.

Reporting
All reports are conveniently converted to your base currency so there is no need for recalculations when determining profitability or cash requirements.

Gain/Loss
Gain/loss calculations are automatically created and posted on-line to the General Ledger.

Integration
Currency Management provides seamless integration with the Quote Management, Order Management, Purchasing Management, Shipping/Receiving, Accounts Receivable, Accounts Payable and General Ledger modules.