Developed by Admiral Consulting Group, Multi-Currency/Inter-Company (MCIC) is an add-on for Microsoft Dynamics SL® that facilitates multi-national organizations doing business and transferring funds between entities with different base currency. Entities can now be linked together even if they are set up in different databases with their different base currency.
The Benefits of Multi-Currency/Inter-Company (MCIC)
The Multi-Currency/Inter-Company (MCIC) module increases the accuracy of your financial data, streamlines business processes, and provides tight control over transactions spanning multiple entities. The Due To and Due From transactions are automatically generated, and complex routes can be followed when there are no direct inter entity account relationships between the transacting entities.
Detailed reports and processes ensure entities balance at all times, increasing the timeliness and accuracy of information while saving keystrokes!
The MCIC Processing module will ensure that each foreign entity stays in balance and will work on all General Ledger, Accounts Payable, and Accounts Receivable transactions regardless of whether they originated from any base currency.
The MCIC module is well suited to multi-national organizations with heavy inter-company transactions and inter-fund transfers requirements.
The Features
Minimum Requirements
MCIC requires Microsoft Dynamics SL® General Ledger and Currency Manager Modules.
Contact Us
To learn more about our Multi-Currency/Inter-Company Add-On for Dynamics SL® or to arrange a demonstration please contact:
Paymon Jelvani at 1-888-737-5725 x228 or pjelvani@admiral-usa.com
- Process inter-company transactions with different base currencies
- Pay expenses on behalf of your foreign entity
- Transfer funds from a USD entity to a foreign currency entity
- Shorten time spent on tightening control over transactions spanning multiple entities
- Eliminate time spent on reconciling the Due To/Due From accounts
The Benefits of Multi-Currency/Inter-Company (MCIC)
The Multi-Currency/Inter-Company (MCIC) module increases the accuracy of your financial data, streamlines business processes, and provides tight control over transactions spanning multiple entities. The Due To and Due From transactions are automatically generated, and complex routes can be followed when there are no direct inter entity account relationships between the transacting entities.
Detailed reports and processes ensure entities balance at all times, increasing the timeliness and accuracy of information while saving keystrokes!
The MCIC Processing module will ensure that each foreign entity stays in balance and will work on all General Ledger, Accounts Payable, and Accounts Receivable transactions regardless of whether they originated from any base currency.
The MCIC module is well suited to multi-national organizations with heavy inter-company transactions and inter-fund transfers requirements.
The Features
- Post transactions based on each entity’s fiscal period.
- Supports transactions between entities with different functional currencies.
- Supports standard Microsoft Dynamics SL® functionality such as GL Auto Reversal Entries.
- Works within one and/or across Dynamics SL® databases.
- Due to / due from transactions generated automatically.
- Available for the General Ledger, Accounts Payable, and Accounts Receivable modules
- Supports standard Project and Task feature in GL, AP, and AR.
- Standard Dynamics SL® security, customization capabilities, import/export, data integrity checking and more!
- Dynamics SL® look and feel.
- “Auto Reverse” entries destined for other companies.
- Create “Released” batches in the destination companies and databases.
- Balance transactions in each company.
- Setup unlimited relationships among the companies
- Automatically translate transactions to the base currency of destination companies
- Detail audit trail of transactions that track the information from source to destination
- companies for each transaction in each module separately.
- Developed in the Microsoft Dynamics SL® SDK.
- Supports Microsoft Dynamics SL® 2011 or higher
Minimum Requirements
MCIC requires Microsoft Dynamics SL® General Ledger and Currency Manager Modules.
Contact Us
To learn more about our Multi-Currency/Inter-Company Add-On for Dynamics SL® or to arrange a demonstration please contact:
Paymon Jelvani at 1-888-737-5725 x228 or pjelvani@admiral-usa.com