Multi-Currency is a Sage 100 ERP (MAS 90, MAS 200) Enhancement Suite, developed exclusively by DSD Business Systems, for international and multinational companies that transact business in multiple currencies.
Five core functions are available:
- General Ledger
- Accounts Payable
- Accounts Receivable
- Bank Reconciliation
Each function accommodates transaction entry, custom financial reporting, printing, master file auditing, and many more options from any designated Primary Currency to any Foreign Currency.
One may define an unlimited number of currency codes and designate any specific Foreign Currency for purposes of generating financial or subsidiary reports.
Additionally, for reporting foreign company financials back into US Dollars, it is fully compliant with Financial Accounting Standards Board Section 52 requirements, including Multi-Company consolidations. It is also fully compatible with FRx and other separate financial reporting tools.
The core Sage 100 ERP (MAS 90, MAS 200) Multi-Currency module allows users to perform the following:
- Define daily exchange rates for each currency, or less often, if needed.
- Print reports in any currency, using any exchange rate.
- Make an entry for each currency that includes:
The currency’s name, as well as its plural for check writing purposes
A log of exchange rates and their effective dates for archiving purposes.
Additionally, four complementary modules provide expanded capabilities:
- Inventory Management
- Purchase Order
- Sales Order
- Return Merchandise Authorization.
These supplementary modules fully integrate with the core modules. They are ideal for companies that set different item prices and costs for each foreign currency, perform purchase-order processing with foreign vendors, quote and make sales in more than one currency, as well as need to generate RMAs and receipts in different currencies.
Multi-Currency for Sage 100 ERP (MAS90, MAS 200) is an invaluable Enhancement Suite, providing a comprehensive solution, with flexibility and ease of use, for companies that operate in multiple currencies and need greater flexibility for their operations abroad.