Autologica Top Features

Multi-currency features

Manage multiple currencies, in real-time and automatically, without the need for manual end-of-month processes.

Invoices, accounting, accounts receivable, and accounts payable in dual currencies
Cashiers and banks in multiple currencies

Accounting

Conversion from local to foreign currency is instantaneous with each generated accounting entry, respecting international accounting standards.
At the end of the month, processes can be run to value monetary items, to record gains or losses due to exchange rate variations.
Accounting can be kept in a stable foreign currency (in addition to the local currency), allowing the dealership to compare amounts between different periods without being affected by inflation.
Parallel accounting in foreign currency can be maintained, allowing all accounting reports to be issued in local or foreign currency.
Foreign currency accounting also feeds KPI dashboards (Analytics).

Invoicing

You can invoice in two currencies (legal tender and conversion currency), e.g., local currency and U.S. dollars).
Invoicing can be defined by department. For example, services can be invoiced in local currency and vehicle sales in foreign currency.

A/R

Customer accounts can be differentiated by “account type,” such as parts, services and vehicles.
The dealership can choose how to determine the A/R balance for each customer: in foreign currency or in the local currency of the invoice.
If A/R is maintained in foreign currency, exchange rate differences are automatically generated at the time of collection.

A/P

Banks

Manage bank accounts in multiple currencies, such as local currency, dollars, euros, etc.
Maintain the actual balance in the bank’s currency. Transfer funds between different accounts of different currencies, or receive and make transfers from banks in different currencies.
Reconciliation. Bank statements can be obtained in different currencies, allowing reconciliation with the movements reported by the banks.

Cashiers

Manage balances of different currencies, such as local currency, U.S. dollars, yens, etc.
Receive and issue checks in different currencies, accept credit cards in different currencies, and receive promissory notes in local and foreign currency.
Simplified cash reconciliations.