{"id":11133,"date":"2017-11-30T08:53:50","date_gmt":"2017-11-30T08:53:50","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sagex3\/?p=11133"},"modified":"2019-08-06T09:37:20","modified_gmt":"2019-08-06T09:37:20","slug":"things-you-need-to-know-about-multi-currency-in-sage-x3","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sagex3\/2017\/11\/30\/things-you-need-to-know-about-multi-currency-in-sage-x3\/","title":{"rendered":"Things you need to know about Multi-Currency in Sage X3"},"content":{"rendered":"

How will multi-currency support benefit organizations?<\/span><\/strong><\/p>\n

Today, businesses are not bound by borders. With globalization and the growing transparency in business operations, organizations are exploring opportunities in foreign markets. To function exceptionally in the global marketplace, businesses need multi-currency support to carry out seamless transactions. Given the complexity in managing multi-currency for different scenarios, Sage X3 is a holistic enterprise management solution that offers multicurrency functionality enabling businesses to handle different currencies within your accounting system. Sage X3 Multi-Currency support calculates exchange rates using the Vendor \/ Customer\u2019s currency or your native currency and provides the costs you gain or lose due to the currency fluctuations to General Ledger. Sage X3 ERP application completely supports transactions across multiple currencies and includes the following capabilities:<\/p>\n