We would like the new Customer vendor netting functionality introduced in 10.0.39 to allow to net balances for customers and vendors that represent the same party but transact in different currencies within the same legal entity.
Comments
The Cash and Bank Management, the ability to net customers and vendors that transact in different currencies would be a valuable enhancement. Currently, netting is generally straightforward when transactions are in the same currency, but cross-currency scenarios require additional reconciliations, manual settlements, or forex adjustments.Providing system functionality to directly net across currencies—by automatically applying exchange rates, generating realized/unrealized gain/loss entries, and maintaining clear audit trails—would reduce manual work, minimize errors, and improve efficiency in intercompany and multi-currency environments.
Category: Cash and bank management