Rating: 4.9. Number of organizations: 823

Countries: All
Operating system: Windows, Android, macOS
Group of programs: Business automation

Software USU

Accounting for buying and selling currency

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  Who is the developer?

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Each accounting system and the procedure of its maintenance has unique characteristics due to the difference in the activities of the organization. Exchange offices also have their specifics in accounting due to the work with foreign currency, its buying and selling, and, most importantly, the volatile exchange rate. Accounting in the interchange point is regulated by the rules of the National Bank. A special place is occupied by the accounting of the buying and selling of currency since it is the main operation of carrying out activities.

Accounting of buying and selling currency has a distinctive feature. The specifics of conducting accounting transactions are characterized mainly by the fact that the data are direct indicators of expenses and income of the interchange point. During the accounting of the buying and selling of currency, the data is displayed on accounts differently than in ordinary organizations. When displaying any foreign transactions, the company calculates at the established rate of the National Bank, as a result of which there is an exchange rate imbalance, or, as many call it, the exchange rate difference. However, the exchange rate imbalance concerning interchange points is directly income and expense from each buying and selling, which is displayed on the corresponding accounts. Errors in the accounting activities of buying and selling currency often arise due to a complicated method of calculating and displaying data. Due to this reason, many companies provide incorrect reports to regulatory control authorities, which entails negative consequences.

Who is the developer?

Currently, not a single company can do without modernization of its activities, and even the state is always interested in the development of all industries and activities. One of the innovations in the operation of interchange points was the use of the software. The program for exchange offices must fully comply with the requirements and standards of the National Bank, so not every developer can provide a choice of a suitable product.

The choice of a system of accounting of buying and selling currency is a responsible matter that will take time to study each system, which provides an opportunity to optimize the work of the exchanger. First, you need to pay attention to the functionality of the program, which depends on how efficiently the software works and whether it suits your organization. USU Software is an automation program that has in its functionality all the necessary options to fully optimize the processes of any company. The program is used in any organization, regardless of the type and industry of activity, since the development of the accounting system is carried out considering the requests and wishes of customers, as well as the peculiarities of the company's processes. USU Software complies with the standards set by the National Bank. Therefore, it is ideal to use in currency interchange points. Software implementation does not take much time, does not disrupt the workflow, and does not require additional investments.

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Who is the translator?

USU Software is a program to ensure the automation of a complex method that characterizes the optimization of not only accounting operations but also control and management processes. With the help of the system, you will not only keep records of the purchase and sale of currency but also exercise control over currency transactions, manage purchases and sales by tracking the balance of currency at the cash desk, regulate work with currencies and cash turnover, generate reports based on completed purchase transactions and selling currencies, and many others. Most importantly, all processes are automatic, easy, and fast. The use of the USU Software increases the level of productivity, efficiency, and contributes to the growth of financial indicators, significantly affecting the increase in the competitiveness of the organization.

In the software market, there is a wide range of different offers, which can confuse potential users of our accounting system for buying and selling currency. Nevertheless, we are ready to fight and get your disposition to us. It is impossible to tell you about all the features of this program. After the introduction of the USU Software, there will not be any difficulties in performing of enterprise’s activities. It is your universal assistant that ensures the success of your business. The accounting of buying and selling currency should be performed with high attentiveness and accuracy. We guarantee the elimination of minor errors and mistakes, which are abundant during the work with several databases and economical indicators. Our specialist did their best to embed the accounting program configuration with all the needed tools and algorithms to provide essential functionality and error-free performance of buying and selling processes.

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If you have special software requirements, order custom development. Then you won’t have to adapt to the program, but the program will be adjusted to your business processes!

Accounting for buying and selling currency