Sage 300 ERP ships with five language overlays that allow you to configure the language of the software for individual users. You receive English, Spanish, French, and Simplified and Traditional
Chinese out of the box. In addition, due to the configuration flexibility, the software allows you to provide local language, tax, and accounting rules through seamless default settings and templates. When it comes to financial reporting, multinational companies face a two-prong challenge. Each division or subsidiary must pay its employees, manage accounts receivable and accounts payable, and pay taxes in the local currency using local accounting standards.
Yet financial data from subsidiaries also must be consolidated into the ledger of record in the monetary unit and accounting standards of the country in which the corporation as a whole is operated. Exchange rates between currencies change constantly, and the ledger of record must reflect these changes and ensure that all entries balance |
