Many businesses trade in different currencies. In Sage 50 Accounts, the Foreign Trader option makes this easy.
NOTE:
Foreign Trader is available as standard in Sage 50 Accounts Professional and Client Manager. In other variants of Sage 50 Accounts, Foreign Trader is available as an add-on.
Cause
Resolution
Enable the feature
Select Tools then select Activation and choose Enable Foreign Trader.
If prompted, enter your Foreign Trader serial number and activation key.
If an Information window appears press OK, then press Next.
Enter your Revaluation N/C, by default it's 7906.
This code is used to post automatic revaluations caused by fluctuations in the exchange rate when processing foreign currency transactions.
Select the Update method dropdown and choose one of the following:
Always Prompt to save exchange rate changes
Automatically save any exchange rate changes to currency record
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