Branches and multiple currencies
Separate books for every branch in its own currency, with group statements in the presentation currency.
We prepare the quote around your company, its branches and the modules you need.
- Transactions recorded in the document currency and converted to the functional currency
- Daily exchange rates, a monthly average and a closing rate
- Month-end revaluation of foreign-currency balances under IAS 21
- A consolidated trial balance and statements in the presentation currency
- Dealings between branches eliminated automatically