Summary
My company deals with more than 1 currency. How many currencies can I have in my version of Sage 50?
Description
Pro
- Allows 1 foreign currency in addition to the home currency
Premium or Quantum
- Allows unlimited foreign currencies
Resolution
- Go to Setup, Settings, Company, then Currency.
- Put a check mark in the option I want to enter transactions using Foreign Currencies.
- Select a Home Currency.
- If you can't access the option, you’ve posted transactions to the file
- You’ll need to create a new file if you want to change
- Go to the Enter information about your home currency section.
- Select an Expense Account to Track Exchange and Rounding Differences in
- In the Add or modify currency(s) used section select the Foreign Currency.
- Fill in all other fields as necessary.
- Optional: Enter an exchange rate for the new currency by clicking on the Exchange Rate button.
- Select OK.
- Follow How to create invoices using USD or other foreign currencies.