Budget currency conversion from multiple currency inputs is streamlined. Data for budgets and cash flow forecasts can be input in any currency.
Budget currency conversion capabilities
In all versions except the entry level “Standard” edition all budgeting and forecasting can have multiple currencies with both fixed and variable foreign exchange rates. With the Corporate and Enterprise Editions multiple currencies are available for Actuals also.
In a budget model, accounts can be entered in any currency but results are shown in the HOME currency. Each currency can have a Fixed exchange rate or multiple Variable exchange rates to cover different date ranges. You can use variable rates for selected forecast periods. All foreign currency exchange rates are shown relative to the fixed rate of the home currency.
For international operations Visual Cash Focus budget software simplifies evaluating foreign currency scenarios and tracking foreign currency commitments.