Our Sage 200 Technical Tip for September focuses on foreign bank account revaluation.  In recent weeks our Sage 200 support team have been asked why the old rate displayed in the screen below is not equal to the rate used at the last revaluation date.

This can be the case where there have been some transactions since the last revaluation date which have used a different rate to the rate used at that revaluation date e.g. when doing a transfer from another currency bank account. 

So the screen below illustrates an ‘old rate’ which is the result of receiving 1000 AUD at 2.10 and 5250 AUD at 1.75 : 

If you have concerns about the old rate it is a case of comparing the exchange rate used on the individual transactions with the rate used at the last revaluation date.

 

 Report of the month 

The report for September is now available.  This report shows a list of customers with the date of their next credit review, date of the last credit review, current account balance and credit limit. To access this report simply follow the link 

September Report of the Month 

Each month Sage will provide a "Report of the Month" so it is worth coming back to this page on a regular basis.

If you found these reports useful please let me know and which ones as feedback is always welcome.