Simple and flexible solution to making payments and invoicing in currency
Merit's currency module has been designed as an additional module for the Merit Payroll and billing solution. The module enables timesheets to be entered in currency for the purposes of paying and billing in currency.
The module was designed with ease of use in mind, as a simple and flexible solution to making payments and invoicing in currency.
The pay and bill elements can be entered in separate currencies as required for your contracts. Payments made in currency are separated from Sterling payments, and if required can be routed through to a separate BACS, or BACS equivalent file. Invoices can be raised in currency via timesheets, or as one off invoices manually for instance for Perm placements.
Postings to accounts packages can be made in currency, or converted to sterling as required. Standard reports will convert currency timesheets to sterling, so an overall view or revenue and margins can be seen.
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