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Post Info TOPIC: Iris Exchequer


Newbie

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Iris Exchequer
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Is anyone familiar with Iris Exchequer.   I have just started with a new company and struggling on how

 to deal with the difference in currency.   i.e supplier invoice in dollars, pay in dollars comes out of bank account in sterling minus bank charges.    Want to make sure bank account reconciles and clear customer ledger.   Need to deal with the difference exchange rate on Exchequer, current exchange rate, bank charges.

 

Help

 

 



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Diane


Master Book-keeper

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Hi Diane
So hows about an intro before we start. We always ask newbies! Prof background and all that

Usual stuff - what prof body do you belong to, do you work for yourself or in a practice/ firm, are you a bookkeeper or accountant, what qualifications, how long in role, where up to in your studies-what exams passed/with what body/in midst of doing, where based, what you did before this role? That sort of thing. Helps get to know you but also how best to pitch answers.

I dont think its a software specific question necessarily.


__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position



Newbie

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Hi All I am an Accounts Administrator where I do the book-keeping along with the the other office duties. I have no formal qualifications, I am self taught through working with Accountants. I have always been an Administrator but seem to have always ended up doing the Accounts. My previous role was very similar but using Sage. I have no experience working with different currencies so am struggling a bit on this side.

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Diane


Master Book-keeper

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That's how I started Diane.  Was doing admin for a motocross shop and was one day given a copy of Sage and left to get on with it.  Took to it like a duck to water.

Welcome to the forum.

 



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



Master Book-keeper

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Hi Diane

So a couple more Qs - what backup does this software provide generally? (if any)

- is this invoice just a one off/very irregular for this supplier?
- do you have any currency ones that ARE regular (in or out)?



-- Edited by Cheshire on Thursday 22nd of February 2018 12:46:25 PM

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position

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