Accounting Ideas

bank accounts for foreign currencies

I guess there will be users like me who have their business transactions in foreign currencies and will have bank accounts in foreign currencies.

For me it would be a complete tool if I could have foreign currency bank accounts in addition to the local currency.

  • Guest
  • Apr 28 2020
  • Love This Idea Likely To Be Coming Your Way
  • Attach files
  • Guest commented
    25 Jan 05:38pm

    Yes please, I almost went to Xero because of this, but now I have a workaround.

    It's a massive limitation of the current system and to direct people to "go backwards" to Sage 50 as some of your support team have done is lunacy.

  • Guest commented
    8 Jan 02:14pm

    Completely agree that this is key - I get payments for a rental into my euro account and it treats them currently as if they are GBP

  • Guest commented
    25 Nov, 2020 01:57pm

    Completely agree with previous comments. It is increasingly common for small businesses to hold foreign currency bank accounts to avoid ludicrous transfer rates and fees. Being able to quote and invoice in a foreign currency, but not reconcile is crazy. Xero has this feature. Please implement!

  • Guest commented
    23 Nov, 2020 03:09pm

    Its a massive deterrent for any Sage 50 clients looking to move to the cloud because the product is limited to UK only bank accounts. We need to be able to add foreign bank accounts and report on the currency too.

  • Guest commented
    21 Jul, 2020 03:27pm

    We have a separate Euro Bank account, currently reconciling transactions is an absolute nightmare. I quote in Euro, and receive payment in Euros to a Euro Bank account. We moved to Online accounting because it 'supported' Foreign currencies for quotes and invoices - banking is a major oversight.

  • Guest commented
    8 May, 2020 03:53pm

    Totally agree