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Local and foreign currencies

When it comes to reporting it might be necessary in your business to see source and payment currency values side by side.

Elsa Stadler avatar
Written by Elsa Stadler
Updated over 3 months ago

This feature is especially useful when revenue is received in multiple currencies and you require more uniformity with regards to partner payouts and reporting.

The multi-currency (local and international currencies) feature can be requested and activated by Commspace support.

The currency details are set when importing the relevant statement by using one of the following methods:


How do I use this feature?

1. Apply manually to the entire statement

2. Automatically identified upon import

Should the currency code and exchange rate be included on the original statement, we can map the statement for you and currency details will be imported automatically.

Statements with multiple currencies are also supported.

For example: if you had to use the Commspace generic template, you can stipulate different currency codes and exchange rates per line item.

You can download the offshore generic template here:

Where can I see the offshore information now?

Users can select new columns to view details on the Statements screen:

Or view the details per statement item:

Reporting

Once statements are linked and allocated, you can include multiple fields in any of your reports by selecting relevant items in the configuration window:

For support with this feature please do not hesitate to contact Commspace support. 😊

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