Skip to main content

Foreign Exchange Encashment

Foreign Exchange Encashment in Aegis Software likely refers to the process of converting foreign currency into the local currency for transactions. This typically involves:

  • Currency Exchange: Allowing employees, clients, or visitors to exchange foreign currency (e.g., USD, EUR) into the local currency (e.g., INR, GBP).
  • Rate Management: Setting the exchange rates for various foreign currencies and tracking any fluctuations in the rates.
  • Transaction Recording: Recording the details of each foreign exchange transaction, including the amount exchanged, the rate used, and the party involved.
  • Reporting: Generating reports on foreign exchange transactions for audit, compliance, or financial reconciliation purposes.

 

Go to the Front Office >> Transaction >> Foreign Exchange Encashment.

image.png

Back to top