Awaiting an upgrade in time to change base in Jan 2002. Needed to upgrade pricing labellers and EPOS system. Some rounding problems in payroll and Lotto syndicate calculations caused confusion and needed understanding. The Institute of Chartered Accountants in Ireland has produced a useful guide dealing with the main accounting and software related issues. In preparing and auditing the year 2000 accounts, this is the last systematic opportunity accountants and auditors will have to advise their clients about the need for early and adequate preparation for the introduction of the euro.
Few companies are likely to have the IT resources to devote expertise to every single one.
Most employees will be left to tackle this themselves, possibly with the help of a converter. We recommend this. 28 dense pages of euro information each month, no advertising, just solid research and reporting on matters economic, political, business, marketing, IT, and the rest, related to the euro changeover across Europe. It's not cheap, but it's good. We have made it clear in these columns on a number of recent occasions how important I think a successful cash changeover is.