Welcome to the Sage 50 Accounts UKI Support Group on Community Hub! Available 24/7, the forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
Hello, we run sage in GBP, however we do pay some staff in EUR. We now have a euro account but i dont know how this works in sage;
1. how do i set up the bank as it will only let me select GBP
2. If the account is in GBP how do i process the payments…
Hi there
Is it possible to import bank transactions in a foreign currency? We have started to sell services in republic of ireland therefore need to import euro payments but it seems I cannot do this like GBP payments.
It is getting to the point that…
Enable e-banking to foreign currency suppliers using foreign currency bank accounts. We have suppliers to pay in euros and a euro bank account so payment using e-banking would be very useful.
Many businesses trade in different currencies. In Sage 50 Accounts, the Foreign Trader option makes this easy. You can set up customers, suppliers and bank records to use other currencies, meaning you can enter payments and receipts in those currencies…
The tutorials and help articles for this topic all state that once a foreign bank account is revalued with a new FX rate - any transactions PRIOR to the revaluation date will also be effected. Does anyone know how FAR back this revaluation will go? I…
We activated the add on previously but will now no longer need it, how can we turn it off and return to a traditional view of bank accounts etc? Without base balance etc etc Thanks. James
We have GBP, USD and EUR bank accounts but have some customers who use other currencies such as DKK. I know I can't allocate from our GBP bank account (which they have paid to) as I have their account set up as DKK. Is there a way around this so that…
We use Sage 50 cloud accounts V27
We use multiple currencies within our company.
Each bank and customer account can only accept transactions for one currency type. eg we have GBP accounts, Euro accounts and USD accounts
When we post a customer receipt…
Many businesses trade in different currencies. In Sage 50cloud Accounts, the Foreign Trader option makes this easy to do when it comes to processing your accounts.
With Foreign Trader you can set up customers, suppliers and bank records to use other…
Hi all,
I'm brand new to Sage 50 Cloud and trying to understand how it uses ex rates (GBP/EUR).
It seems I can fix an ex rate, and all transactions will use that rate, unless I specifically overwrite it for that transaction.
What I really want…
Hello,
We have a client with Sage 50 Professional including multi currency.
They currently get a lot of invoices in USD, but use a mixture of different services to pay - all in GBP.
Some of these services can charge upwards of 5% for foreign exchange…
Hi,
I am trying to work out how to revalue the outstanding Foreign Debtor account balances at the year end (the bank balances, we know how to do!)? Has anyone done this?
We are new to Sage, when I spoke to Support, they told me that we would need…
Does anyone have foreign suppliers and not the Sage add-on for foreign currency? We have just started using a new supplier in Germany. As this is a one-off supplier, we don't wish to purchase the add-on, but I do need the figures to show on the VAT return…
Hi,
I have a credit note which I need to process and refund. It is for $1149 and Sterling value of £887.12. The exchange rate, to the max decimal places Sage allows is, 1.295202 however when I enter that it is setting the base value as £887.11 however…
When I make a transfer from a GBP account to a foreign currency account, I need to use the actual bank exchange rate. However, when I override the exchange rate for that transaction, it overwrites the value in the exchange rate table.
This is not what…
