Results 1 to 3 of 3

Thread: Pastel foreign currencies

  1. #1
    Junior Member
    Join Date
    Jan 2018
    Location
    Amatikulu
    Posts
    12
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Pastel foreign currencies

    Morning
    I have a foreign customer paying us in USD. What is the best solution for this in pastel?
    I would imagine to just create an invoice for the amount in ZAR for my records and manually create an invoice in USD for the clients copy.

    Many thanks

    Cath

  2. #2
    Diamond Member Neville Bailey's Avatar
    Join Date
    Nov 2010
    Location
    Westville, Durban
    Posts
    2,673
    Thanks
    44
    Thanked 442 Times in 388 Posts
    If you are using Partner (not Xpress) you can purchase the Multi-Currency module which will allow you to process transactions in multiple currencies. It will also calculate profits and losses on FOREX transactions.

    If you don't want to purchase the module, you will need to track the foreign transactions outside of Pastel.
    Neville Bailey - Sage Pastel Accounting Consultant
    neville@accountingsoftwaresupport.co.za
    IronTree Online Solutions

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  3. #3
    New Member
    Join Date
    Mar 2018
    Location
    Denmark
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Hi Cath,
    I know there are quite a few options for creating invoices in foreign currencies. I actually work with Debitoor invoicing software, and you can easily create an invoice and just select which currency you would like to work with. So if you wanted the client to receive the invoice in USD you can easily adjust it under "more options" https://debitoor.com/

Similar Threads

  1. Come In, let's have fun studying Bitcoin and other crypto-currencies
    By LePrezident in forum General Business Forum
    Replies: 8
    Last Post: 30-May-19, 06:53 PM
  2. [Question] Pastel Partner: Error on Foreign currency cash book
    By DMcD in forum Accounting Forum
    Replies: 0
    Last Post: 23-Oct-17, 11:43 AM
  3. [Question] Foreign Currency Valuation in Pastel Partner
    By JennyMac in forum Accounting Forum
    Replies: 2
    Last Post: 22-Mar-17, 07:08 PM
  4. Replies: 2
    Last Post: 09-Nov-10, 03:49 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •