Module 9 · Advanced · 7 lessons · about 55 min
Multi-company, multi-currency and branches
Companies and branches, base and transaction currency, exchange rates, 3-decimal currencies, realised differences and GCC VAT.
What you will be able to do
- Explain the difference between a company and a branch and how Zeyto holds each
- Post and check a foreign-currency document at the right rate
- Compute a realised exchange gain or loss on a settlement
- Handle OMR, KWD and BHD three-decimal amounts correctly
- State which GCC countries charge VAT and what Zeyto's tax screens cover
Lessons
- 1. Companies and branches: where one set of books ends 8 min
- 2. Base currency and transaction currency 8 min
- 3. Exchange rates: entering, choosing and trusting them 8 min
- 4. Three-decimal currencies: OMR, KWD and BHD 7 min
- 5. Realised and unrealised exchange differences 9 min
- 6. GCC country settings: VAT and no-VAT countries 8 min
- 7. Foreign currency in daily work: a checklist 7 min