Re: Invoice with two currencies`

I agree with Harry,

Just looking around on the internet you will find that the most companies
just offer an American Dollar price (or even a price in local currency).
Some companies offer a hint in other currencies, but offer these as
guidelines only. The company that transfers the money does the exchange. The
user should do his own math. You should however be clear in what currency
your goods are priced.

As to Europe: we have the euro now. There are 25 countries in the EU.
Countries that have joined the EruoZone are: Germany, Ireland, Netherlands,
Greece, Finland, Luxemburg, Austria, France, Belgium, Italy, Portugal,
Spain, Slovenia, Cyprus, Malta (15 countries)

Countries that haven't joined the EuroZone are: Denmark, Sweden, UK,
Estonia, Hongary, Latvia, Lithuania, Poland, Slowacia, Tsjechië, Romania,
Bulgaria (12 countries)

Some countries not mentiones are: Vatican (used Italian Lire, now Euro),
Monaco (Used the Franc, now Euro), San Marino (Lire, now Euro)

And some 20+ European countries not in the EU or the EuroZone.

Keep well, Ursus

"Helpful Harry" <helpful_harry@xxxxxxxxxxxxxxxx> schreef in bericht
news:140720081822061190%helpful_harry@xxxxxxxxxxxxxxxxxxx
In article
<da47f85a-8c88-4dd8-b569-cfd4c9350677@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>,
Buckbuck <buck.matthew74@xxxxxxxxx> wrote:

FM8.5

My business is now starting to sell in Europe. Currently I have an
Invoicing system based on dollars. Has anyone good advice on how to
set up my Invoicing system so that it can reflect other currencies?

Should I avoid formatting my fields and qualify the currency another
way?

Thanks
Matthew

You should probably leave all your invoices in dollars. Trying to play
in two currencies is going to get messy. (eg. summary reports would
have to work out what exchange rate to use to get only dollar amounts,
etc.). Besides, "Europe" is a big place with many different countries
and many different currencies, so that would get even messier.

BUT, if it's a VERY VERY simple invoice-only system, then you can
change the formatting of amount fields to be only two decimal places,
and then use a pop-up menu to give each incoive record the appropriate
symbol (you can then use copies or merge versions of the same field to
display the syumbol wherever needed) ... then the problem of cleaning
up the mess is transferred to your accounting system instead. :o)

Helpful Harry
Hopefully helping harassed humans happily handle handiwork hardships ;o)


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