Maintaining multiple currencies in your business?
Looking for an easy way to calculate and post revaluation of foreign balances in Sage Evolution?
The Foreign Currency Revaluation (FCR) Module is an add-on module for Sage Evolution, facilitating a full calculation of the profit or loss on exchange for the outstanding balances of all foreign currency accounts.
The FCR applies to the Accounts Payable (AP), Accounts Receivable (AR) and bank accounts.
Why use FCR Module?
- Easy revaluation of Accounts Payable (AP)
- Easy revaluation of Accounts Receivable (AR)
- Easy revaluation of bank and petty cash accounts
- Default accounts for the gains or losses on revaluations
- Calculate profit or loss on exchange for the home balances of all unallocated accounts
- Auto-reversal of unrealised gains/losses on exchange