Hi All,

I have both a $CAD and $USD account set up in SAGE. The USD account is primarily used to pay U.S. based suppliers. I transfer money to it from my $CAD account when needed.

I realize that when running financial reports, Sage calculates everything in the home currency ($CAD in my case) but, in order to avoid any significant discrepancies in what appears on the report versus what is actually in the account, can someone tell me if, when paying a supplier in $USD from my USD account, I should put the exchange rate as1.0 or enter the exchange rate that is in effect at the time the payment is done?

Thanks in advance to all who reply

Cheers,

Marc