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Documentation > MAC-PAC Reference Library > Financials > Accounts Receivable > Key Concepts and Procedures > Foreign Currency Processing > Foreign Currency Transactions

Foreign Currency Transactions

 

Each customer may be designated as either a single-currency or a multi-currency customer.  Single-currency customers are assigned a currency code; all invoices and payments are assumed to be in the customer's currency.  Invoices and payments for multi-currency customers are accepted in any currency.