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Triumph ERP supports thriving WA business despite troubled economy

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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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Now is the Time to Finance Your ERP Software Investment!

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Here are 8 reasons why finance is a great option for your investment in new ERP software!

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Triumph ERP Connecting Businesses Around the Globe

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Triumph ERP has a reputation of being an advanced and versatile software solution for modern businesses. Triumph Client EastWest Steel Trading and Distribution is an excellent example of this.

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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.