Can EFT handle multicurrency?
Description
Cause
  • The stand-alone Sage 50 EFT Direct software for Sage 50 2016 or earlier can only handle transactions according to the home currency set in Sage 50 Accounting
  • The integrated EFT used in Sage 50 2016 or later can only create EFT files for Canadian currency
Resolution

Integrated EFT

  1. The integrated EFT in Sage 50 2016 or later can only produce EFT files for Canadian currency.
  2. You can't use EFT to process US payments. If you need to process US payments, follow Sage 50 Direct Payments (Bambora) below.

Sage 50 Direct Payments (Worldline)

  1. You can use the Direct Payment feature in Sage 50 for Canadian and US transactions only.
  2. Go to http://na.sage.com/ca/sage-50-accounting/add-ons#direct-deposit. Under Sage 50 Direct Payment click Learn more to learn about each type of direct payment.
Steps to duplicate
Related Solutions

How do I upload a payment, payroll Direct Deposit, or a Pre-Authorized Debit to Bambora?
How can I sign up with Sage 50 Direct Payments?