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- Currencier For 下载
- Currencies Of Different Countries
- Currency Download
- Top 10 Crypto Currencies
- Currencies Prices
- Www.currenciesdirect.com
Currency Conversion Software is the tool to find currency value of various countries quickly. They provide up to date information on exchange rates and metal rates as well. They support multiple languages and allow integrating with the existing accounts software. Since they fetch information from various sources, their currency conversion information is reliable.
- Currencier is an excellent assistant for shopping abroad, and thanks to the widget in the notification center, you will always be aware of the current exchange rates without having to open the application. Compatibility: macOS 10.12 or later 64-bit.
- Make your own menu with your favorite dishes for today, for a week or for the whole month using an outstanding application What to cook? Store your recipes and write down new variants; specify the products that you have in your fridge, and the application will suggest what you can cook and what you need to buy.
Related:
To know more about these software one can search Google using “currency converter download free windows 7”, “currency converter application for pc”, “currency converter widget free download” or “free download exchange rate converter”.
OANDA Currency Converters
OANDA Currency Converters allows accessing existing and historical currency rates of all the world’s currencies. It supports twelve languages and enables comparing currency rates for popular twenty six currencies. It also allows updating the currency rates for any base currency. It comes with handy customizable conversion table for using during travelling.
Currency Converter
Currency Converter comes with simple interface and performs currency conversions based on current exchange rates. It supports about 220 currencies by importing them to the database. It allows viewing multiple currency rates. It allows creating profiles for converting currencies. It does not consume computer resources much and comes with detailed user guide.
XE Currency Data API
XE Currency Data API provides accurate currency data and gets rates from more than hundred international sources. It allows integration of this API with the existing software like Oracle, and SAP. It allows displaying multi-currency in e-commerce website which helps in optimizing conversions. It helps in understanding foreign exchange rates.
Currency Converter
Currency Converter is online currency converter software which helps to find current exchange value. It allows the entering country or currency and amount parameters for both source and target currencies. It also displays currency conversion guide for seven different amounts based on the selected currency. It also displays five days trending currency values.
Other Currency Conversion Software for Different Platforms
There are a plenty of currency conversion software available for various platforms like Windows, Mac Os and Android with each of them having different functionalities. The below mentioned features and details help one to understand them easily to utilize. They are platform dependent and hence one should verify for compatibility.
Free Currency Conversion Software for Windows – Desktop Currency Converter
Desktop Currency Converter is easy-to-use software which helps to convert about thirty currencies. It allows downloading exchange rates automatically. It can work in offline mode as well. It allows adjusting the target amount and viewing the results. It allows copying and pasting functions as well. It is extremely comfortable to perform conversions.
Free Currency Conversion Software for Mac Os – Currency Converter
This is powerful currency conversion software and extremely easy-to-use. It allows displaying exchange rates at a glance by selecting currency from a list of currencies or countries. It displays frequently updated exchange rates. It allows checking gold, silver and platinum values as well. It supports more than two hundred and twenty countries.
Free Currency Conversion Software for Android – Easy Currency Converter
Easy Currency Converter supports currency conversion for more than one hundred and eighty countries as well as displays four metals rates. It displays updated exchange rates and can display multiple currencies instantly. It works in offline mode too and allows adding new currency. It displays live currency rates and graphs provided by Yahoo.
More Great Currency Conversion Software for Windows, Android and Mac Os
For windows some of the currency conversion software is “PC Currency Calculator”, “Currency Exchanger Free”, “XE Currency” and “Office Calculator”. For Mac Os version some of the currency conversion software is “Currency Assistant”, “Exchange Rates”, “Currencier” and “Currency Rates”. “Convert Pad”, “Unit Converter”, “Mobile Converter”, “My Currency” and “Currency” are some of the currency conversion software for android application.
Most popular Currency Conversion Software for 2016 is Strong Currency Converter
This currency converter can perform up to one hundred and fifty eight currencies. It gets the exchange rates from authenticated sources and extremely powerful software. It allows distributing this software and comes with easy copying as well as pasting values functions. It can perform calculation precision up to four decimal places.
What is Currency Conversion Software?
Currency conversion software is the tool which is extensively used in trading business and with many transactions is being done, currency conversion is very important today. To perform currency conversion smoothly and perform any kind business like trading easily these currency conversion software comes to the rescue. They can display multiple currency values instantly and allows the user to change the amount and view the results dynamically.
To know more about their varieties and get more knowledge about them one can search Google using “currency conversion calculator”, “currency conversion program in java”, “currency conversion formula” or “currency conversion calculator by date”.
How to Install Currency Conversion Software?
There are many varieties of Currency conversion software available in different platform and hence their installation instructions vary for each platform. One can go through the installation guide provided along with the software download and complete installation. For online currency conversion software they require internet connectivity and no installation is needed.
Benefits of Currency Conversion Software
Since the customers have the option of paying for their transactions using local currency or foreign currency. By knowing the converted currency value they can judge in which currency they can make transaction and know the value of charges or fees for trading exactly. By integrating with the company’s software these software helps to perform business easily.You may also see Exchange Rate Calculator
Credit card payments that are performed for foreign transactions are managed easily using these currency conversion software. They work in offline mode and can be used during travelling as well. They work perfectly on mobile devices and they can provide trend analysis for various currencies.You can also See BitCoin Mining Software
Related Posts
I’ve done a lot of work with currency accounting from a systems perspective. Now that I’m working in NAV, I thought it would be useful to explain how NAV works with foreign currency amounts in a series of posts.
In this series, I’ll cover the following topics:
- General Ledger Setup
- Currency Setup
- Exchange Rate Setup
- Entering a Foreign Currency Sales Invoice
- Revaluation (i.e. revaluing the open amount at period end)
- Receiving Cash Against a Foreign Currency Receivable.
In this post, I’ll cover the first three topics: how to set up the general ledger, currency and exchange rates.
I’ll use Cronus Mexico for all my examples.
But before we begin, a couple of clarifying notes:
- With currency, you need to determine if you are transacting in a foreign currency (i.e. billing customers and paying bills in a foreign currency) or whether you are consolidating multiple entities across currencies. Transacting is the more common scenario—companies typically sell across border before they set up legal entities in other countries.
- In this series, I’m focusing on debits and credits. While there are many ways of posting, I’m going to stick with the most common methods. This is a blog post, not a training manual, so I won’t drill into every detail. But if you get stuck, or have a question, please let me know.
By the way, if you’re a little shaky on the topic of currency accounting more generally, you might want to start by reviewing these posts:
- Understanding Currency Accounting: A Few Additional Pointers.
Now let’s get started with currency in NAV.
General Ledger Setup
In General Ledger Setup, we need to specify the local currency we’ll be using. (Local currency is the currency of your financial reports in the home country of your company.)
In this example, our local currency (LCY) is MXP:
LCY is an important abbreviation if you’re doing any reporting. You’ll see it in many table column descriptions.
There’s another option in General Ledger Setup for Additional Reporting Currency—but that’s not relevant because we’re just transacting at this point.
Cronus Mexico is setup with currency code “MXP.” But the current ISO standard code for the Mexican peso is “MXN.” (This was changed 23 years ago, but let’s not rush.) It’s important to use current ISO codes if you’re going to work with outside services. (And beyond that, it’s good practice.)
You can find more on the topic of currency codes in Wikipedia.
Currency Setup
So, we can see that the system is set up to work in Mexican pesos. But now we need to tell NAV how other currencies relate to it.
We start by navigating to Currencies. And in Cronus Mexico, we see this:
Let’s focus on setting up two currencies: the euro (EUR) and Japanese yen (JPY):
This screen shows a combination of setup data for the currency and the latest exchange rate date (i.e. the last time you updated the rate). The basic currency setup data is pretty stable. The rate data changes as often as your company thinks is necessary (often daily).
Let’s look at the basic currency data. With EUR highlighted, click “Edit”:
And we come to this screen:
The fields we care about are the unrealized gains, realized gains, unrealized losses and realized losses.
Unrealized gains and losses accounts are used at month end when payables and receivables are revalued to the month ending exchange rates. So, if your invoices were entered at any other rate, you’ll get an entry updating the difference.
Realized gains and losses accounts are hit when cash is received against an invoice. A realized gain/loss reflects the difference between how much the invoice was worth in your currency when you issued it and how much it is now worth when currency rates have changed.
I advise you to setup different accounts for each currency you use. This may seem like a pain. But people make mistakes in currency. And the faster you can trace a mistake to a currency, the faster you can find fix it. And having different accounts for each currency makes this process much, much easier.
Rounding amounts and similar things work like other tolerances in NAV. You will often have rounding issues as currency rates are quoted to multiple decimal places while most currencies have two decimal places.
On a side note, notice that Cronus Mexico isn’t set up entirely correct. Look at JPY:
Amount Decimal Places tells the system the maximum and minimum number of decimals to use when storing a currency amount. But Japanese yen don’t use decimals because one yen isn’t worth that much itself. So, you’d probably want to set this to 0:0.
Exchange Rate Setup
Once we have the currencies established, we need to have rates. Back on the currencies screen, we click exchange rates:
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Which takes us to the exchange rates page:
Let’s explain how this works.
Currency Code is the currency code you enter on your transaction. In this example, we’re entering a purchase invoice in EUR.
Relational Currency is the currency you want to calculate. If you leave the field blank, the local currency for the company is assumed (in this case, MXP).
Currencies Of Different Countries
Next, we need to enter Exchange Rate and Relational Exchange Rate.
If we want to multiply the foreign currency amount by a rate, we enter “1” in the exchange rate and the appropriate multiplier in the relational exchange rate.
So, in the example above, 1 EUR becomes 13 or so MXP.
In other words, we can think of the rate as 1 EUR = 13 MXP, which works.
But what if we think of it as .07 Euros = 1 MXP?
Then we’d enter “.07” as the exchange rate and “1” as the relational exchange rate, as demonstrated below:
Fix Exchange Rate Amount
Currency Download
You can actually change exchange rates when you enter transactions in NAV. But generally, you should only do this when you absolutely have to. (For example, when you have to post a wire transfer that was converted at a given rate.)
Usually, you should choose Currency if Exchange Rate Amount is set to 1. And choose Relational Currency if Relational Exchange Rate is set to 1. This method leaves it to the user to adjust the other rate.
Exchange Rate Amount vs. Relational Exchange Rate Amount
Top 10 Crypto Currencies
Exchange Rate Amount is used when you enter your transactions.
Relational Exchange Rate Amount is used at month end when you revalue (or adjust, in NAV terminology) your exchange rate.
Currencies Prices
Now, let’s return to the main list and click refresh. We then see something interesting:
The screen shows the new exchange rate—but it’s showing it in terms of foreign currency to local currency (even though we entered it the other way around).
Now we’ve completed the setup.
Www.currenciesdirect.com
In my next post, we’ll get to transactions.