Is IDEAS a multi-book system?
IDEAS is a multi-book system. “Multi-currency” software generally means that the system can transact in a number of currencies. However, there is a distinction between a transacting in multiple currencies and having a set of financial books in multiple currencies. Many systems resolve transactions to a single reporting currency. This does not work for many companies. Most multi-national operators have reporting requirements in three, four or more currencies. IDEAS allows any number of reporting currencies.
Related Questions
- What support system will be in place in Indiana to implement the IDEAS 2004 NIMAS Regulations for the provision of accessible materials for qualifying print disabled students?
- I am interested in adding some special options to a BREWTREE system that are not currently offered. Can we discuss my ideas?
- It would need to be an automated system and I cannot think up a solution nor find any helpful information. Any ideas?