Global Plus Multi-Currencies

In the Global Plus multicurrency accounting system, each account identifies its own selected base currency. Unlike other systems that force transactions through a single currency, Global Plus processes each update using the actual currency characteristics of each transaction. Integrated multicurrency processing and accrual accounting supports global investments and provides support of operations with an international client base. In an international environment where delay and corrections of information can be the norm, Global Plus provides corrective and retroactive processing capabilities for accurate asset accounting in both local and base currencies.

Features

  • Allows users to select each account’s preferred base currency
  • Handles principal and income segregation
  • Processes transactions in local and base currencies with integrated multicurrency and accrual accounting
  • Bifurcates and reports capital and currency gain and loss information
  • Consolidates all assets, regardless of currency, into one statement 
  • Offers “as of” reporting and retroactive processing
  • Leverages specified valuation methods and exchange rates for all transactions
  • Delivers trade-date accounting with the option to report on trade or settlement date basis

Benefits

  • Communicates clearly in terms local and base currency for all assets and liabilities
  • Tailors system to user preferences, including currency, to optimize value of information

Brochures & Datasheets

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