Ability to revalue foreign currency debtors and creditors at the closing month end rate

As per IFRS accounting standards, you are required to revalue foreign currency monetary items, i.e. debtors and creditors each month end to the closing spot rate rather than the spot rate which the original transaction was booked at. Sage does not have a function to do this at the moment so we manually have to revalue all of the our debtors and creditors each month end. 

FormerMember
FormerMember