Hello All,

I am new to Sage 50 and I am not an accountant so please forgive me if this sounds like a stupid question.

I do business in Canada but "most" (not all) of my suppliers are in the U.S., meaning I buy 99% of what I sell in USD

I want to set up mulch-currencies in Sage 50 (Canadian edition, premium version), which is easy enough but, I need to track Exchange rates and all. This means I need to put Track Exchange and Rounding Differences in an expense account according to Sage.

Could someone tell me which expense account I am supposed to use for this?

Thanks in advance to all who reply.

Cheers,

Marc