Payroll Reports Affected by Multi Currency

A range of reports have been updated to output currency information. The information will include Currency Code, Currency Value and Exchange Rate. If multi currency has not been enabled for the country, there will be no changes visible to the user.
The reports affected are:

• Recruitment Manager > Time & Attendance > Reports > Timesheet Detail Report

• Payroll > Reports > Reimbursement

  • The Reimbursement report will summarize those reimbursements by Reimbursement name > Currency Code > Exchange Rate. In other words, if the exchange rate varies each day, the reimbursement will be shown separately for each day so that the exchange rate used is visible. If the exchange rate and currency code is the same for each day for the reimbursement name, it will summarize the values into one row.

• Payroll > Reports > Payment Method

  • The Payment Method report displays an additional column for the payment methods of SEPA and International as well as columns of the payee's preferred payment currency and converted net pay.

• Payroll > Reports > Multi Currency Distribution of Funds Report

  • This report outputs both the currency net pay and the base currency net pay and their international bank details where a payee
    has a different currency to the country's base currency. This report is only available when the multi currency feature has been enabled. This report is used where the pay method of the payee in the pay batch is SEPA or International. For the pay method of BACS or EFT, the existing Distribution of Funds Report should be referred to.