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How do I reconcile Sage Sales Invoices when my settlements are not GBP
How do I reconcile Sage Sales Invoices when my settlements are not GBP

Non GBP reconciliation

Mariko Newman avatar
Written by Mariko Newman
Updated over a week ago

Reconciliation for non GBP currency

  1. Open up a Clearing Account bank account (will need to be in GBP)

2. Navigate to Sales Invoices and record payment

3. Make sure that the exchange rate used produces an exact match to what has been deposited in your GBP Bank account (you will need to manually change this in the exchange rate section)

4. Select the correct payment date and choose the bank account to be a ‘clearing account’.

5. Then click record and your payment will show it has been paid.

6. You will then need to go to your Banking page, and you will see the payment amount in the clearing account:

Click on the Banking account you recorded the payment into. In this example it is the HSBC Bank Account.

In the bank account you will find the £1,472.40 deposit. Select the option to ‘transfer’.

Then choose the clearing account and click the blue transfer button.

6. Then go to banking and into the clearing bank account. You will need to go to right hand corner and select ‘reconcile’.

Go ahead and select both transactions to reconcile and scroll to the bottom and click 'finish'.

At the bottom of the screen a notification the reconciliation has been successful will pop up.

This is how a non GBP settlement is reconciled.

If you have further questions, feel free to reach out to us at We would be glad to help you.

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