Share this content
0
457

best package for client accounts, multi currency

Have many client accounts in multi currencies need a package that will service them all.

Sorry if I am repeating myself. I need an accounts package so that I can upload around 700 individual owners accounts in multi currencies. Would prefer on line program. Have looked at quick books but does not offer exactly what is required. Clients have many services with us such as cleaning etc so we needs a simple in and out package that will calculate daily exchange rates 

Replies

Please login or register to join the discussion.

avatar
05th Mar 2019 15:32

You don't say exactly what is required, but Xero handles multi currency very well, and has a link with (I think) xe.com for live exchange rate information

Thanks (0)
avatar
By Hayat56
05th Mar 2019 16:22

Do they allow us to create 700 individual accounts? Clients have services with us so we hold funds on their behalf and pay out monthly utilities then send them statements at the end of each month. But we work in tuekishblira as well as gbp, is dollars and euros.

Thanks (0)
avatar
to Hayat56
06th Mar 2019 08:59

Are you saying that you have 700 bank accounts, want 700 control accounts, or just 700 customer accounts?

What exactly is the movement of money & why?

Thanks (0)
avatar
By Hayat56
to atleastisoundknowledgable...
06th Mar 2019 09:50

Ok I have 700 clients I hold money for. I have four bank different currency accounts to service these 700 clients, gbp, usd, Turkish lira and euros. We update the clients income and expenditure and send them statements monthly. So the package needs to ensure bank consolidation and no limit on the amount of customers we have. Is xero the best for this? Many thanks for your help and advice in advance

Thanks (0)
avatar
07th Mar 2019 10:55

Liquid Accounts, handles multi currency very well, we are also the developers of the software so can work with you to get the perfect solution, if it is something you would like to investigate just let me know, thanks Colin

Thanks (0)
avatar
07th Mar 2019 11:25

As has been mentioned Xero handles multi currency transactions really well. Also there's no hard limit on number of customers.
Xero isn't for everyone though and I find certain aspects of the software frustrating.
Might be worth signing up for a free trial and having a play with it to see if it could work for you.

Thanks (0)
Share this content