Capability to Work with Multiple Currencies
Pinomm offers a module for handling multiple currencies, which significantly facilitates international business operations. Your company can transact in foreign currencies, and the system will automatically convert these transactions into your organization’s base currency.
How It Works:
When creating an account on Pinomm, the system requires you to set a base currency – this is the currency of the country where your company is registered. All transactions in foreign currencies are automatically converted into the base currency to provide a clear understanding of their value.
The system uses the exchange rate you specify for each transaction. For advice on exchange rates and compliance with your country’s legislation, please consult your accountant. They will guide you on how to issue invoices in foreign currencies in accordance with the requirements.
If the desired currency is not available in the list, please contact us to have it added.
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