Hi Heather,

As noted above, the balancing of direct batches to cash entries in AR is really awkward, unless you use retrieval batches. So you must use retrieval batches or you will have difficulty balancing your cash processing with deposits.

Interfacing with Bank Rec from OE isn't an option right now, although works very well into a "Deposit Vault", say in Adagio Bank Rec. With this concept, you can process your OE payments into the Bank Rec Vault (via AR linking to the vault with the payment method), and do the bank deposit from the vault as a transfer into the actual bank account. Works very well with complete audit and processing trails.

If you are processing with POS or something equivalent, we have a Link2 POS solution that does the collection of the payment for the invoiced OE invoice, but is linked to the payment and collection by credit card, or debit or cheques. In any currency.

To clarify the above previous answers to converting to Multicurrency: This is not as simple as buying the Multi-Currency module and installing, unless you do not have any sales that are currently outside of Canada or you intend to start with new vendors and new customers with MC codes.

Most users would assume that you can just turn on a vendor or customer to start to be a MC account. This is not the case, so you should be aware that this is a complicated and costly conversion that should not be taken lightly.

While you can install MC module, and enable, it does not convert your existing data other than setting accounts to MC in your General Ledger.

There is no conversion utility other the old Accpac Plus utilities that will convert AR and AP, which leaves you with quite a problem with your OE, IC, PO's, Sales Analysis, and tax tables. While data in these applications is convertable, it is a major task to convert whether in Accpac, Adagio, or any windows accounting software solution.

You should talk to your Adagio Business Consultant or someone knowledgable about Multicurrency conversions, about the best way to approach this but be aware that this is not just a click a switch solution.

Talk to us if you still have questions.

Best,
Brian