Multicurrency Management
- Capitalize on International Opportunities
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 full featured 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 decision making and improved trend analysis. Standard reports and registers create a complete audit trail of detail activity 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
- General Ledger
