• Search
 
 
 
 

News and Offers

What is ERP software?

erp 1.PNG

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.

Read more ...

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.

Read more ...

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.

Read more ...
 
 
 
 
foreign-creditors foreign-debtors

Foreign Currency

 

Importers and exporters can triumph over fluctuating exchange rates and other international trading complexities with the foreign currency module.

If you do business in Japanese yen, US dollars, Euros, or any other currency, Triumph's Foreign Currency modules lift trade barriers and make it easy to buy or sell anywhere in the world.

You can create an unlimited number of foreign currencies, including high value exchange rate currencies and link your transactions with your Debtors module, accounting in your home currency and billing in your customer's currency automatically.

The system gives you the choice of viewing and reporting accounts and transactions in either the base currency or the originating foreign currency.

You can set exchange rates daily to an accuracy of four decimal places. The gain or loss from foreign exchange may be taken up immediately or when payment is finally made or received.

Gains or losses are recorded in the General Ledger in a nominated account. Unrealized gains and losses may be reported and summarised by currency type, and realised gains and losses may be viewed and reported on each foreign currency transaction.

fc-maint Foreign currency and rates can be modified at ease to reflect the current needs of the company.