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Deactivating the second home currency

DCW /

Did you know?

Many of our DCW customers still have DEM as their second house currency. Apart from the fact that these figures are no longer relevant, they take up storage space in the system and the automatic conversion into the second house currency still generates currency-specific DEM postings in the event of rounding differences, which are unnecessary.

 

Where can you see whether the second local currency is still active?

You can easily find out by pressing the F8 key (Client selection) in the DCW menu, then selecting option 5 in front of one of the working clients and pressing Enter. Then enter 1 in the first field (Client master data). The following screen shows whether local currency 2 is still active.

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Financial accounting and customs: if you only book, you lose – if you analyze, you win

DCW, EVM /

Turnover, liquidity, clearing rates

International business relationships are part of everyday life today. This applies, for example, to purchasing components in the USA or exporting your own products there. For financial accounting, this means that customs duties are not just compulsory accounting exercises, but have a direct impact on liquidity, costing and management.

Financial accounting and customs: if you only book, you lose – if you analyze, you win Read More »

Update on the investment booster – Actively use the special depreciation allowances now

DCW, EVM /

The tax course has been set: With the Act to Strengthen Germany as a Business Location, the German government is creating attractive opportunities to write off investments more quickly and thus optimize the tax burden and liquidity. The law officially came into force on July 19, 2025. So you can start planning now

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VOP – New recipient verification in SEPA payment transactions: Portolan provides you with optimum support

DCW, EVM /

The new VOP check will come into force on October 5, 2025. VOP stands for “Verification of Payee” – i.e. checking whether the account holder’s name matches an IBAN. The aim is to increase security in payment transactions and avoid incorrect transfers.

VOP – New recipient verification in SEPA payment transactions: Portolan provides you with optimum support Read More »