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Blytheco Home | Sage Software | Sage MAS 500 | Modules | Financial Modules | Multicurrency Management
Multicurrency Management Module |
The Sage MAS 500 ERP Multicurrency Management module
allows you to
optimize your international
opportunities by
providing a streamlined, flexible way to manage multiple
currencies, exchange
schedules, and currency fluctuations.
This system is a key component of Sage MAS 500, a highly
reliable, robust and integrated series of business
applications that delivers a flexible, scalable, and
fullfeatured
total business management solution.
You can save time and streamline your business
processes by using the power
of automation to create
and maintain an unlimited number of currencies and
exchange rate schedules. You can use
Multicurrency
Management to update exchange rates on a daily basis
and record realized or
unrealized gains and losses due to
currency fluctuations to the general ledger accounts
assigned to
the currency. Realized gains and losses are
automatically posted when the transaction is settled.
The Sage MAS 500 Multicurrency Management module
gives you the critical data you need for more
informed decisionmaking and improved trend analysis. Standard reports and registers create a
complete audit trail of detail activity |
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before posting. And with the ability to retain detail postings and
monthly summaries for an unlimited number of years, you can gain additional insight by having more
information at your disposal for year-to-year comparisons.
Multicurrency Management helps you maximize productivity, too. Enter the data just once in
Multicurrency Management, and you’ll be able to leverage multicurrency capabilities, including
revaluation functions, across other Sage MAS 500 modules, including Accounts Payable, Accounts
Receivable, Sales Order, Purchase Order, eCustomer, eSalesforce, and General Ledger.
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Features: |
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Use Multicurrency Management’s preloaded library of 27 major currencies and their
ISO symbols. |
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Maintain an unlimited number of currencies to support a home currency for your
company and natural currencies for transactions abroad. |
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Handle cash receipts, invoices, and credit memos in different currencies. |
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Specify general ledger accounts for realized or unrealized exchange gains or losses
by currency. |
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Define effective dates that support daily, monthly, or any other periodic rate. |
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Control whether exchange rate overrides are allowed during transaction entry. |
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Derive cross rates for settlement of transactions using exchange rates that are not
directly linked. |
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Revalue the natural currency of transactions or accounts to reflect their current
value, and automatically post the unrealized gains or losses. |
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Revalue invoices, vouchers, or general ledger accounts marked as “Revalue.” |
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Automatically reverse unrealized gain or loss entries. |
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Rerun the revaluation process as often as needed to accurately reflect your cash
position. |
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Specify reports that print automatically at period end. |
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Reports: |
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Account Trial Balance |
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Receivables and Payables |
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Customer and Vendor Trial Balance |
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Audit—includes Accounts Receivable,
Accounts Payable, and the General
Ledger Revaluation Registers |
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 Multicurrency Management Module - printable download of this page (PDF 577
kb) |
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| Modules Overview List |
| Financial
Modules |
| Questions? Please call us at (949) 583-9500 x2500 or email us at
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