Multiple Currency support to the ASPEN Business Management System
By Charter SoftwareFeatures
The product was developed in response to the needs of Charter’s Canadian customers who also do business in the United States. The new feature allows dealers and distributors to manage parts receipts, unit receipts, accounts payable vouchers and check runs using a currency other than the business’ native general ledger denomination.
Using the Multi-Currency plug-in, ASPEN will convert foreign currencies to native currency for use in general ledger entries, cutting checks in non-native currencies and adjusting for differences in exchange rates.
“We are pleased to be able to meet the needs of our Canadian customers doing business in the US. Customers were actively involved in our pilot program and provided excellent input into the development of this product” said Anne Salemo, Charter Software Inc. President/CEO. “The new Multi-Currency feature will not only save our customers time but also increase the accuracy of their inventory valuations.”
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