Sage People supports multi-currency operations using a separately maintained set of exchange rates and does not use Salesforce Multiple Currency support.
The reporting currency is the reference currency used by your organization for financial reports and statements. If your organization has Team Members located in multiple countries, paid in local currencies, Sage People enables you to use local currencies for local purposes and a single reporting currency for centralized financial control. Conversion between local and reporting currencies uses exchange rate values you maintain. When using multiple currencies, you can use a setting on your Company Information page to impose a neutral currency symbol on Team Member records when viewed through the HR Manager Portal.
Configuring multiple currencies is a two stage process:
- Ensure Company Information settings are correct.
-
Set up Exchange Rates.
Ensure the reporting currency is set with a Rate of 1.