Companies are regularly transacting business with businesses in many different countries.  This requires them to be able to process transactions involving foreign currencies with their suppliers and their customers.  Abel Multi Currency Accounting provides for full foreign currency handling and reporting for international suppliers, customers, bank accounts, and inventory price lists and costs.

The exchange rates for each currency in use can be maintained on a daily basis or as often as required.  The realised and unrealised gains/losses are automatically calculated and tracked in the system.  Abel reports any variances and your business’s total exposure to each currency.