Overview KCC can calculate and post currency gains and losses automatically for foreign currencies Usage The currency loss / gain nominal account is used by the system to accrue foreign currency differences arising due to exchange rate fluctuations ...
Found in: Nominals
Overview This video will show you how to set up currencies in Khaos Control Cloud. A step by step guide can be found below the video. Steps In System Setup, open System Data. Double click on the Currencies line to open the table. Enter Edit Mode. Use ...
Found in: Currency
Overview This video will show you how to set up and maintain your currency conversion rates. There are step by step instructions below the video. Steps In System Setup, go to System Data. Double click on the Currency Conversions line to open the ...
Found in: Currency
Overview This video explains how to update live currency exchange rates in Khaos Control Cloud. Step by step instructions can be found below the video. Steps Exchange rates will not automatically update on Khaos Control Cloud, instead you must follow ...
Found in: Currency
Question/Problem When raising a purchase or sales order the error "No valid currency conversion defined for...." is displayed and it is not possible to save the screen. Cause This occurs because there is no current conversion rate set up in the ...
Found in: Currency
Overview This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen or ...
Found in: Currency
Overview This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen or ...
Found in: Currency
Overview This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen or ...
Found in: Shipments
Overview The MultiCurrency option will send the currency information against transactions when integrating with Xero. To enable this and understand the options watch the video. There are brief instructions below the video. Steps Go to [Accounts | ...
Found in: Xero Accounting
Overview This setup guide is designed to work alongside the training you undertake to help you set up your Khaos Control Cloud for your business. There are tooltips available to describe each option within the application itself, just hover your ...
Found in: Getting Started
Question/Problem How do I pay my supplier who is in USD but I pay them in Sterling? I send my supplier purchase orders in their currency, i.e. Euro, USD etc, but I pay them from my Sterling bank account. How does that work? Resolution/Solution When ...
Found in: Crediting, Invoicing & Statements
Overview This video explains how to enable the multi currency option when synchronising Khaos Control Cloud with Xero. Step by step instructions can be found below the video. Steps How to enable the multi currency option when synchronising Khaos ...
Found in: Xero Accounting
Problem/Question I have set up one of my suppliers with the wrong currency, and I have delivered a purchase order and it is ready to invoice. How do I delete it so that I can change the currency on the Company and re-input and process the Purchase ...
Found in: Orders & Payments
Overview This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen or ...
Found in: Crediting, Invoicing & Statements
Added Making Tax Digital - electronic submissions of VAT figures to HMRC Added Currency symbols to various grids, in particular the sales reports Added Country Zones to System Data, making sure Courier Banding zones are compatible Changed the ...
Found in: What's New