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Answer Posted / cai koh
A true Dual Accounting is one that has both a Home Currency
and Reporting Currency being captured in 1 single
accounting package.
You need to pre-set a Home Currency and a Reporting
Currency in the system and when you enter 1 transaction,
based on the rate supplied, it will prepare 2 sets of
accounts for you automatically.
Softlin Marketing Pte Ltd in Singapore has a standard off-
the-self systemn that is able to cater for such a
requirement
Such System is useful for Companies that are invested by
other country's investor and the stake-holders always
wanted to check the account status.
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