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sage 50 euro accounts

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hobsti12
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Posts: 5
Joined: 10 Aug 2011, 17:07
Sage Version: v2011 17 UK/Europe/Africa

sage 50 euro accounts

Post by hobsti12 » 10 Aug 2011, 17:10

i have just installed sage 50 2011. i have customers in both euro and sterling but i only have one bank account which is sterling. how do i enter prices for euro customers. i have already run the foreign trade wizard and have set the euro but when i go to enter a price it changes it for example 2.80 becomes 2.93. all my customers are on different prices for different products. could use help

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brucedenney
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Posts: 4664
Joined: 28 Feb 2006, 09:56
Sage Version: v30 UK/Europe/Africa

Re: sage 50 euro accounts

Post by brucedenney » 11 Aug 2011, 08:40

You need to create euro bank account.

Transactions that happen in euros will get posted to that account and then reposted as a bank transfer between the euro bank account and the sterling bank account.

This is a pain, however if you have more than a few euro transactions, you will almost certainly want to get a euro bank account anyway.
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