Multi-Currency Support

In Translation Office 3000 V8 you can assign inidividual Client Currency to each Client and still be able to see ‘the whole picture’ using your Base Currency. This chapter will help you to understand how currencies are handled in Translation Office 3000 V8.

First of all, let us give definitions for the terms used in this chapter:

Base Currency is the currency in which you make all internal accounting records, i.e. project balance, taxes,  expenses etc. In most cases, it is the currency of your country.

Client Currency is the currency in which you produce invoices for your client and receive payments from your client.

Example: If you live in Europe and your client is from USA, it is probable that your Base Currency will be Euro and the Client Currency will be US Dollar.

In Translation Office 3000 V8 you can easily produce invoices and receive payments from clients and record them in client currencies, and TO3000 will automatically make parallel records in the base currency of your company.

These parallel records in your Base Currency allow conducting all your internal accounting in your Base Currency, still keeping the records in other currencies.

To make these parallel records possible, you only have to enter currency exchange rates for the currencies of your clients. You may also easily change the currency rates for each recorded client job or for all future jobs.

Please see:

Your Base Currency

Currencies and Exchange Rates

Clients Currencies

Prices and job accounts in different currencies

General views of Client accounts