Sage 50 Accounts For Dummies® 2nd Edition

Chapter 14

Using Foreign Currencies

In This Chapter

Getting foreign-currency friendly

Using the Foreign Trader facility

Creating foreign customers and suppliers, and bank accounts to deal with them

Taking care of the paperwork

Banking ins and outs

Using the Revaluation wizard

This chapter is all about getting your head around the foreign currencies element of Sage. I always found this topic a bit scary, so here I go through it step by step and make it as easy for you to understand as possible.

Discover how to set up foreign currencies in Sage and how to deal with exchange rates. You can take a look at the Foreign Trader facility and see how it fits into the day-to-day working of your business. Then find out how to deal with the paperwork when it comes to your customers, suppliers and your bank. Finally, you get the opportunity to see how you can use the Revaluation wizard.

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