On Fri, 2002-10-18 at 10:58, Marc Rassbach wrote:
> On Fri, 18 Oct 2002, Joseph wrote:
> 
> > [snip]
> > >
> > > Before people go off on a developers' list, I'd like to see discussion _here_
> > > about what people are thinking about doing, what people would like to see
> > > done and so on.
> > >
> > > Not all of the people who might be able to contribute to such a discussion
> > > will want to join a developers' list.
> > >
> > > --
> > > Cheers
> > > John Summerfield
> >
> > One thing I would like to see is truly multi-currency accounting system.
> 
> Have U played with www.compiere.org?
> 

It looks like they are providing custom based solutions; and this is not
what we were looking for.  We could had it done with Accpak few extra
custom feature build in, but the problem will be to upgrade in the
future as every time we want to upgrade it would need to be customize
again.

Not very cost effective and practical solution.

Joseph

> >
> > We do business internationally and I was not able to find a single
> > accounting system that would be flexible enough to accommodate our
> > multi-currency requirement.
> >
> > I'll try to be as short as possible.
> > We sell our products Internationally, so our preference is to keep
> > prices in USD.  Our inventory is in USD as well and it stays this way,
> > as some prices are sensitive so converting it to local currency
> > (Canadian Dollar) would generate a loss as difference between selling
> > and buying USD is about 0.08 on each dollar (our loss).
> >
> > In addition if we generate a PO it is in USD so the pricing stays the
> > same.
> > We sell and buy our products in USD to many Canadian customer as well,
> > so we need to manually make an adjustment to (tax) GST.
> >
> > I was talking to folks who make Quasar Accounting system and they
> > acknowledge that they have the same problem as we do but they don't have
> > a solution.  So it seems to me we are not alone with this problem.
> >
> > Joseph
> >
> >
> >
> >
> >
> >
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> >
> 




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