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May 8B2B CFO

Exchange Rate Add-on for SAP Business One

May 8B2B CFO

One of the nice things about SAP Business One is the ability to process transactions using multiple currencies.  One of the drawbacks is that someone has to enter the correct currency conversion rate each day before any transactions can be completed.  Octave Solutions has come up with a solution to this problem.  They call it XRates for SAP Business One and it’s really easy to use.  You just install the Windows service on your server and it does the rest.  Each day, at a predefined time, XRates goes out to the Octave Solutions website and automatically downloads the correct exchange rate effective for that day.

XRates is economically priced and has a small monthly fee.  For more information on XRates go to the Octave Solutions website or contact them vial email

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