Skip to main content

Extensive Library of Help Notes and Videos

Search results for:currency translation difference

Currency Translation Difference
Differences that arise from consolidating and translating entities with different currencies… Currency Translation Difference: the difference caused by each account is listed separately and totalled… Currency Translation Difference Reports
Change Log 2023-10-18
New FX translation differences reports plus dashboard and billing improvements… Currency Translation Comparison Currency Translation Differences Please review the help article… sheet discrepancy can occur which is reported in Calxa as a Currency Translation Difference
Change Log 2022-04-28
Translation Difference… When consolidating multiple entities and applying currency conversions Retained Earnings will now be… discrepancies that arise from the year end and current exchange rates used will be reported as a Currency
Currencies & Exchange Rates
Define currencies and exchange rates used in multi-currency consolidations… This does not determine your reporting currency, it just defines a base currency to enter exchange rates… Note: To define a currency for reporting other then one of your Organisation Currencies, click ADD CURRENCY
Reporting in a currency different to the Accounting File currency?
You can easily report in a different currency if required, for example if you have a GBP Accounting… Set up a Consolidation Group (even if it is just one organisation) Set the Group reporting currency… to be used It helps if you add the currency designation in the Group Name so it is clear in the
Consolidated Groups
Reporting currency: each organisation will be translated to this currency in the consolidated report… It defines the organisations you wish to consolidate, the reporting currency and other settings like… If you are using multiple currencies consider adding the Reporting Currency in this name for clarity
Can you explain the difference between pricing plans?
The different Calxa Premier pricing plans relate to the number of organisations connected to Calxa
Change Log 2020-06-10
New: Multi-Currency Consolidation… Fully automated foreign currency translations in Multi-Org Consolidations… Calxa now supports Multi-Currency consolidation with monthly average exchange rates for P&L reports and
What is the difference between a Budget and a Scenario?
A Scenario is an optional extra that can be added to a Budget
Calxa and Xero
The Xero account Unrealised Currency Gain is a system account calculated from currency-based transactions… Handling Unrealised Currency Gain in Xero… When transactions are settled, realised Currency Gain/Loss is posted to an actual account, which will