Cash Management

UK bank files now support EUR currency payments

United Kingdom bank files now support payments in the EUR currency.

Details

Until now, UK bank file payments only supported payments in GBP currency. You can set the payment currency for each UK supplier. After you set up a supplier for EUR currency bank files, you can pay them with the SEPA bank file format.

How it works

1. Go to Accounts Payable > All > Suppliers.

2. Select a UK supplier.

3. On the Bank file tab, select EUR for the Payment currency.

4. Select Save.

You can also update the payment currency of your suppliers, in bulk, using CSV import.

After a UK supplier has EUR selected for their payment currency, you can pay them with the bank account that is set up for SEPA bank file payments.

Requirements

Subscription	Cash Management Sage Cloud Services
Regional availability	United Kingdom
User type	Business user with admin privileges
Permissions	Suppliers: List, View, Add, Edit, Bank details
Dependencies or other requirements	Bank files enabled
CSV Import	Update Suppliers for Bank File Payments