• about us
  • pricing
  • career
  • features
  • knowledge base
  • Sign up
<< back to knowledge base Adding a collective invoice from transports documents list Accounting categories Adding billings directly from transports documents Adding statements and bank statement item Adding duplicate of invoice Adding transactions Changing the number of a billing document manually Changing statuses for payment Checking payments history Exporting to accounting Exporting transfers to a bank Exchange rate change on the invoice Fixed annotations on the invoice Issuing a correction invoice from an invoice Manual editing of the exchange rate and VAT items on the invoice Issuing an invoice from a proforma invoice Settings notifications for billings Setting default bank account for billings Merging billings Setting send BCC copy to VIES - verifying the validity of a VAT identification number

billings

Conversion of currencies


The steps of the conversion:

  1. Net price and exchange rate are multiplied.
  2. The result is rounded to two decimal places.
  3. To get the 'total net' price, the rounded number is multiplied by the quantity.
  4. The VAT is converted on the basis of the total net price (from point 3).
  5. The result is rounded to two decimal places.
  6. To get the total due > Total net price and VAT are summed.


An example:
Net price 27 USD
Quantity: 3
Exchange rate: 1USD=0.840054 EUR
VAT: 23%

  1. 27 USD x 0.840054 EUR = 22,681458 EUR

  2. 22,68 EUR

  3. 22,68 EUR x 3 = 68,04 EUR

  4. 68,04 EUR x 23% = 15,6492 EUR

  5. 15,65 EUR

  6. 68,04 EUR + 15,65 EUR = 83,69 EUR

Don't have an account with CargoLink yet?

Create a free account

Find the best solutions for your transport company and achieve your business goals. Find out how much our customers gain - it's free. Check now how much you will gain.

Register company
Yes, we use cookies
  • product
  • Carrier Zone
  • pricing
  • features
  • faq
  • register
  • login
  • support
  • helpdesk
  • knowledge base
  • career
  • privacy policy
  • terms & conditions

Questions? Get in touch with our support team!

support@cargo.link
Omilink Sp. z o.o. | ul. Szafera 3, 80-299 Gdańsk | ©2022. All rights reserved
Sąd Rejonowy Gdańsk-Północ w Gdańsku, VII Wydział Gospodarczy Krajowego Rejestru Sądowego
NIP: 5842816354 KRS: 0000965108 REGON: 521688415 | Kapitał zakładowy: 5 000,00 zł
flaga angielskaflaga polskaflaga rosyjskaflaga niemieckaflaga czeskaflaga angielskaflaga francuska