The Multi-Currency module allows you to process customer and supplier transactions in their preferred currency. Sage Evolution tracks foreign currency, customer and supplier values in both the foreign and the local currency. You can view balances and transactions in either currency at any time. You can maintain separate buy and sell rates for each currency. Sage Evolution maintains a history of exchange rates so that you can process transactions at earlier dates using the most accurate exchange rate. When you process customer receipts or supplier payments, Sage Evolution uses the current exchange rate to calculate any foreign exchange profit or loss, which it posts automatically.
The Multi-Currency module allows you to:
- Process and print customer and supplier sales and purchase documents in foreign or home currency
- Print customer and supplier statements, age analysis and transaction reports using foreign or home currency
- Process foreign currency cash book transactions