I need to understand how foreign currency sales and purchase orders are handled in Brightpearl, specifically regarding currency precedence and item price conversion. Additionally, I want to know the primary purpose and location of the General Ledger Report, and identify at least three key details it displays.
Navigate to the 'Knowledge Center' on help.brightpearl.com. Go to the 'Accounting' section. Open the 'Foreign currency orders' article. Extract information on how foreign currency orders are created, currency precedence, and item price conversion rules. Return to the 'Accounting' section. Open the 'General ledger report' article. Extract the primary purpose of the report, its location, and at least three key columns/details it displays. Synthesize the findings for both topics.
State that sales and purchase orders are always created in the customer or vendor's currency, and this order currency takes precedence. Explain that if an item from a different currency price list is added, its row price is not converted, but the currency is simply changed (e.g., EUR10.00 displays as USD10.00 on a USD order). Mention that subsequent actions (invoicing, payments, inventory receipts) involve conversion to the base currency. State that the General Ledger Report is found under 'Reports > General Ledger' in Brightpearl. Describe the General Ledger Report as displaying all accounting journals with key details and being extensively filterable. List at least three key details/columns displayed in the General Ledger Report (e.g., ID, Tax date, Type, Account, Contact, Details, Order ID, Invoice ref, Currency, Debit, Credit, Base debit, Base credit, Rate).