Sage 100 General Ledger Multi-Currency
G/L Multi-Currency provides the Sage 100 (MAS 90, MAS 200) user with the ability to set up a different price and cost for each item per Currency. You can print reports in any currency using any exchange rate.
How does General Ledger Multi-Currency (GLMC) work?
Multi-Currency Data Entry in General Journal Entry, Allocation Entry, Recurring Entry, and Transaction Journal Entry. The Journals print both Entry Currency amounts and Base Currency amounts.
Updated Account Maintenance View
In the History tab, a toggle is available to switch the amounts from Base to Entry (and to FASB52, if setup).
Features
- FASB 52 Foreign Currency Translation: You may define a Foreign Currency to be used when generating Foreign Translated Financial Statements conforming to FASB 52 requirements.
- FASB 52 Foreign Currency Translation Method: You may specify the FASB 52 Translation (Historical Rate or Current Rate) in Account Group Maintenance, Main Account Maintenance, and Account Maintenance.
- Generate Financials in Any Currency: Financial Reports can be printed in any Currency.
- Generate Multi-Company Consolidated Financial Reports: Custom Financial Report consolidating data from more than one company.
- Transactions Posted to the Bank Reconciliation module in Bank Currency: Transactions posted from the Transaction Journal to Bank Reconciliation are posted in the Bank Currency for Reconciliation purposes when BRMC is installed.
Printing Standard Reports
You may select another Currency and the Exchange Rate. A Currency Button has been added to the Report Panel, and when selected, the following screen will be displayed.
