Hi,
It looks like Cashbook Bank Management would be a viable option for your client. More about that later.
I'm certainly no expert in licensing, but I thought that you needed two licenses if you had two installations of GP. If your reg keys are different for each license, then the new reg keys will not work for both. If, however, you are using the same reg keys for both installations, the new keys will work for both.
About Multicurrency and Cashbook Bank Management, here's the skinny:
Cashbook Bank Management supports up to four different currencies within a
single transaction. You can have a functional currency, two checkbook currencies
(in the case of bank transfers), and a transaction currency. However, when you post
transactions from Cashbook Bank Management, only two currencies update the
General Ledger, Receivables Management or Payables Management modules.
For example, if your functional currency is the Euro, but you also have transactions
in the DEM and the BEF, you could have any of the following currency
combinations while entering transactions in Electronic Bank Management:
Refer to the following information to understand which two currencies will update
Microsoft Dynamics GP for a transaction.
• If all the currencies are the same as the functional currency, then General
Ledger, Payables Management and Receivables Management are updated with
the functional currency.
• If the functional currency is the same as the checkbook currency, but the
transaction currency is different, then General Ledger, Payables Management
and Receivables Management are updated with the functional and transaction
currencies.
• If the checkbook and transaction currencies are the same, with a different
functional currency, then General Ledger, Payables Management and
Receivables Management are updated with the checkbook and functional
currencies.
• If the functional and transaction currencies are the same, with a different
checkbook currency, General Ledger, Payables Management and Receivables
Management are updated with functional currency only.
If Bank Reconciliation is registered, you cannot process Payables Management
transactions for this combination of currencies.
• If the functional, checkbook , and the transaction currencies are different, then
General Ledger, Payables Management and Receivables Management are
updated with the checkbook and functional currencies. The transaction
amount is converted to the checkbook amount using Cashbook Bank
Management’s user-defined exchange rate. The converted checkbook amount
is converted to the functional currency using the exchange rate set up in
Microsoft Dynamics GP.
The payment must be made in the functional or checkbook currency to apply it to an
invoice.
That's straight from the source (Microsoft).
Kind regards,
Leslie
PS a cash receipt will automatically update the checkbook register balance without the need for deposit, if I'm remembering this correctly.
LV
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