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Multicurrency

part of the Sage MIP Fund Accounting product line, by Sage Software

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Maintain an unlimited number of active currencies, rates, and rate types to create and process transactions in any number of currencies with this powerful and comprehensive FAS 52 compliant Multicurrency module. Revalue Cash, AP, and AR as often as needed while leveraging easy-to-use entry tools to reduce data entry errors and maintain data consistency when entering transactions in any foreign currency. Enter invoices in one currency and pay in another and utilize the flexibility of depositing foreign currency checks in a Functional Currency bank account. Generate FAS 52 compliant reports quickly with the powerful, easy-to-use report writer or produce translated financial statements as needed.

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