Multi-Currency Support & Tax Codes
Configure exchange rates and tax codes for accurate multi-currency financial tracking across your fleet.
Exchange Rate Management
You can now configure exchange rates between currencies and have them automatically applied across financial documents. Whether you are paying suppliers in USD, budgeting in EUR, or tracking costs in local currencies, the system handles the conversions for you. Exchange rates can be updated at any time, and historical rates are preserved so past transactions remain accurate.
The exchange rate table supports all major maritime trading currencies and can be extended with custom currency pairs. When creating purchase orders, invoices, or budget estimates, the correct rate is applied automatically based on the document date — eliminating manual lookups and reducing conversion errors in multi-port operations.
Tax Code Configuration
A new tax code management screen lets you define tax codes for different jurisdictions and apply them consistently across all financial documents. Each tax code includes a name, rate, and description, and can be assigned to specific transaction types. Tax amounts are calculated automatically on each line item, removing the need for manual calculations and reducing errors in invoicing and reporting.
Tax codes integrate directly with the bookkeeping module, so every transaction carries the correct tax classification from creation through to financial reports. This is especially valuable for companies operating across multiple jurisdictions where VAT, GST, and withholding tax requirements differ by port and supplier location.
Better Data Entry
Inline editing across the platform now shows validation errors immediately as you type, before you submit. Number fields are more reliable and catch entry mistakes earlier, including proper handling of currencies with zero decimal places like JPY and KRW. These small improvements reduce the time spent correcting data entry errors across financial workflows.
Bookkeeping Table Improvements
Bookkeeping tables now support server-side filtering and sorting by ship, responsible person, and currency. You can quickly narrow down expenditure records to a specific vessel or cost centre without waiting for the full dataset to load. Column preferences are saved per user, so your preferred view is ready every time you open the bookkeeping module.