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stores in different countries

My actual problem is that when you have stores in different countries, so on POS you recieve different currencies. I know you can handle this problem by defining relevent currency for each store. But in currency define tab we define the exchange rate with HQ master currency. Now a days currecies's exchange rates vary on daily basis so is there any scnario to refresh our currecy rate on daily or lively basis because this situation can effect in a great manner if there are more then 1000 transaction per day.

Reply to
MUHAMMAD ZEESHAN KHAN SHERWANI
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Dear Muhammad,

I just want to make sure that you understand that HQ is to be used for 1 country and one currency and not across multiple countries and currencies. If you have several stores in Saudi and several in Dubai you will need different databases per country. Make the financial consolidation in your Financial ERP solution. If you have any question and want to discuss this matter further please contact me by email.

If the issue is just financial currency conversion for POS within one country - you should use a conversion factor that is higher than the bank conversion to give you leeway for daily fluctuations. Also if the number of currencies are too many you can use our import utility to import the data periodically from a file [csv, tab delimited, excel, ODBC link etc...] and update the currency conversion tables at HQ which will automatically updates all stores.

Reply to
Afshin Alikhani

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