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Is IDEAS a multi-book system?

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Is IDEAS a multi-book system?

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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.

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