• INVOICE WITH SEPERATE EXCHANGE RATE

    I have an invoice for inventory $1620.46 but it also has $517.75 us exchange totalling 2138.21. how would I enter this? How do I ensure that the inventory is charged out without losing money?
  • NEWBIE QUESTION: Track Exchange and Rounding Differences

    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…
  • RE: USD Amazon Book Sales & CDN Bank Account

    Hi Kimmyro, For your first question, you can look at the screen shots below for solution. The invoice I use has an exchange rate or 1 US dollar equal to 1.48 Canadian dollar. I am using the Currency Exchange & Rounding account to keep track of the gain…
  • USD Amazon Book Sales & CDN Bank Account

    I am using Simply Accounting Sage Premium 2009. When posting the cash payments through Receipts is there any way to book the exchange gain or loss within the receipt? I would like to have the receipt match the direct deposit. (US sales with CDN dollar…