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What is ERP software?

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ERP is an industry acronym for Enterprise Resource Planning. But what does that actually mean? Broadly speaking, ERP software is a platform that enables the automation and integration of a company’s core business processes, such as core accounting, job management, inventory management, etc.

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Triumph ERP empowers the growth of WA business

WT Hydraulics

WT Hydraulics is a Kalgoorlie-based company specialising in the design, sales, service and repairs of hydraulic components and equipment. With three branches across WA, WT Hydraulics services the agriculture, forestry, mining, marine, and oil and gas sectors.

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Triumph ERP supports thriving WA business despite troubled economy

kirby1

Western Australian owned and operated business, Kirby Marine, is traversing the challenging economic climate and is currently experiencing a boom, contrary to many other businesses in WA.

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foreign-bank-accounts

Foreign Bank Accounts

 

Enables you to maintain, reconcile and revalue multiple bank accounts in any foreign currency.

If you purchase goods from overseas on a regular basis, then having a Foreign Currency Bank Account will provide you with increased benefits of streamlining payments, reducing costs, while offering better protection against fluctuating exchange rates.

Triumph's Foreign Bank Accounts module is the perfect companion to allow you to easily control and monitor these bank accounts. Foreign Banking enables you to maintain, reconcile and revalue multiple bank accounts in any foreign currency.

With Triumph's Foreign Banking Module, you can see and reconcile transactions on the screen exactly as you see them on your bank statement. Match statement lines from your bank account with exact foreign currency transaction amounts you've created in Triumph and just click OK to reconcile.

It's effortless to keep your accounts accurate and up to date. By using Foreign Banking within Triumph, you can see your financial position more clearly, eliminate double-handling and reduce potential discrepancies.

Features include:

  • Create and reconcile any number of foreign currency bank accounts
  • Use any number of foreign currencies, from Yen to Rupiah
  • Reconcile petty cash accounts in a foreign currency
  • Transfer funds between different currency bank accounts
  • Seamlessly integrated with all other Triumph functions
    • E.g. General Ledger, Foreign Debtors, Foreign Creditors
  • Setup GL Journals and Standing Journals based on a foreign currency
  • View all balances and transactions in the foreign currency or base currency
  • Override the exchange rate on transactions
  • Revalue your foreign bank accounts as and when required
  • Post foreign currency gains and losses to a nominated account
fb-maint Foreign currency bank accounts can be set up with your desired currency and banking systems.

Foreign Bank Accounts is a half module and costs $600 ex. GST or $30 ex. GST per month for "Cloud" clients.