UK MTD for AP invoices posted in currencies except GBP

HI,

I am setting up a UK company that needs to submit VAT MTD returns. Does the Sage 300 MTD module that comes with v2022 work with other currencies besides GBP? I am posting some AP EUR invoices and it seems that the VAT Return icon reports these as EUR amounts and not exchange rated to GBP.

Thanks

Marios

Parents Reply
  • in reply to Stephen Bagnall

    Hi Steve,

    I have configured Reporting currency to EUR actually to avoid getting that warning message every time a transaction is entered. I thought by configuring to GL account then it would pick the functional amount (GBP).

    I am happy to configure the reporting currency to GBP if there is a way around that annoying warning.

    Marios

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