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Hi,
We have case like managing 2 companies.
Company A (currency INR)
Company B (currency USD)
Project in Company A, but the users from both companies recording their timesheets.
Now, how the costing recorded in both companies ? How analytic lines consider cost ?
What is the best way in this case ? How to check cost vs revenue ?
Thanks in advance.
Hi Pinakin,
Here we just need to configure proper currency exchange rate in both companies rest will be managed automatically in accounting and cost/revenue report.
>> Created Multi-Companies (Ind and US)
>> Created Two Employees
Siddharth Chikani - Cost Rs.1000 (INR)
New User (US) - Cost 20 (USD)
>> Created Common Project in IND Company
Once we add time sheet for both employee for US company employee based on exchange rate conversion automatically analytic entries will be posted. In this case it's 10 Hrs * 20 = 200/0.013483408665 = 14,833.04
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