Vinsight provides you with fully automatic currency conversions for any order that is created using a foreign currency.
When you write an order using a foreign currency, Vinsight automatically looks up and saves the exchange rate for the order’s day:
Our exchange rates are sourced from openexchangerates.org. If you post an order to Xero, Vinsight will take the exchange rate Xero provides for consistency. Note that these are all market rates, so the amount that you actually get when the bank exchanges foreign currency for you will be less by a factor of around 1% or 2%.
Once an order has a saved exchange rate, you are able to report on sales relative to your local currency:
Other Recent Features
Today we have also enabled selecting a Billing Contact for Sales Orders. This allows you to deliver orders to one contact, while sending the bill to another:
