REVPORT™ - Multi-Currency Support
REVPORT™ supports global and multi-national businesses’ need to account for gains and losses associated with exchange rate fluctuations and is compliant with FASB 52 and GAAP approved multi-currency processing standards.
Key Features:
- Supports multiple exchange rate sources for a given day (internal, custodian etc.). These rates are used for system cross-currency calculations.
- System calculates and stores up to 4 currency types (amounts) at point of fee calculation.
- System can support both a primary and secondary G/L booking currencies for both fee and accrual postings.
- No limits on invoice presentation currency.
- Supports best practices industry standard for cross-currency calculations and exchange rate lookups.
- Multi-lingual supported for invoice output and presentation in any language.