Keep track of amounts in both local and foreign currency.
Sage Pastel’s Multi-Currency module allows you to process customer and supplier transactions in their currency. It allows you to track foreign currency, customer and supplier values in both the foreign and home currency, and you can view balances and transactions in either currency at any time. You can also maintain separate buy and sell rates for each currency.
Sage Pastel Multi-Currency maintains a history of exchange rates so that you can process transactions at earlier dates using the most accurate exchange rate. When you process customer receipts or supplier payments, Sage Pastel uses the current exchange rate to calculate any foreign exchange profit or loss, which is automatically posted. In addition Sage Pastel Multi-Currency allows you to:
• Process and print customer and supplier sales and purchase documents in foreign currency or home currency.
• Print customer and supplier statements, age analysis and transaction reports using foreign currency or home currency
• Process foreign currency cashbook transactions.