M1 Multi-currency simplifies your buying and selling functions in foreign currencies. Exchange rates are accurately managed through effectivity dates.
Currency Entry of M1 Multi-Currency Module: Define any number of foreign currencies and their exchange rates relative to your home currency.
Effective Date of M1 Multi-Currency Module: Maintain your exchange rates as frequently as required through the use of effective dates.
Currency Mode Button of M1 Multi-Currency Module: Simply and quickly toggle between your home currency and the foreign currency to view both values.
Currency Info.. on M1 Multi-Currency Module: At each entry screen, where multi-currency is used, view the foreign currency and exchange rate being used for that transaction. Override the default exchange rate if required.
Quotations and Orders of M1 Multi-Currency Module: Produce quotes for your customers in their own currency. Convert these quotes into sales orders, or create new orders, all in the foreign currency. Printed quotes and order acknowledgments display the foreign currency.
Purchase Orders of M1 Multi-Currency Module: Manage your international purchases by raising your purchase orders in the supplier’s currency. Each supplier may have a default currency which can be overridden when generating the purchase order, along with the exchange rate.
Customer Invoices of M1 Multi-Currency Module: Create your customer invoices in their specific currency. Invoices display the foreign currency.
Supplier Invoices of M1 Multi-Currency Module: Process your supplier invoices in their currency for more accurate cash management.
Reports of M1 Multi-Currency Module: All financial reports are displayed in your home currency, eliminating the need to manually recalculate values when determining profitability.
ECi Software Solutions are an ERP Software development company entirely dedicated to setting the standard in enterprise resource planning (ERP) software and providing world class customer support. ECi M1™ is designed for the small to medium manufacturer that requires total integration and automation from quoting through invoicing and is capable of flexible and fully supported customisation that ensures your most valuable and unique business processes can be handled with ease. With M1’s comprehensive features and ECi Software Solution's reputation for world class support more than 700 manufacturers in Australia, New Zealand, United States of America, Canada and the United Kingdom are enjoying the benefits of this cost-effective and user friendly solution.