Business types Trading in more than one currency
Industry and setup
Invoice abroad without losing track of the numbers.
You bill or buy in euros or dollars as well as pounds, and need each currency to be right.
Exchange ratesExample data
- Invoice INV-0045 · Example Trading Ltd€2,000.00 at 0.8650 on 5 Nov£1,730.00EUR
- Bill from a US supplier$480.00 at 0.7900 on 8 Nov£379.20USD
- Trial balanceEach currency shown on its ownSeparate
What international businesses use most.
- The currency you choose
- Invoices and bills in pounds, euros, dollars and more.
- The right rate for the day
- Each posting is converted at the exchange rate for its date.
- Currencies kept separate
- Reports show each currency on its own, never silently added into another.
- No guessed figures
- A figure that needs a missing rate shows as unavailable, rather than a guess.
How it goes.
1. On the invoice
Choose the currency
Invoices and bills in pounds, euros, dollars and more.
2. On posting
Rate for the date
Each posting is converted at the exchange rate for its date.
3. In the reports
Kept separate
Each currency on its own, never silently added into another.
4. If a rate is missing
No estimates
A figure that needs a missing rate shows as unavailable.
Where to start
Other industries and setups
- Professional servicesConsultancies and practices that sell expertise.
- Agencies and studiosRetainers, projects and clients who pay on repeat.
- Online and subscriptionCustomers who pay through Stripe or by Direct Debit.
- Several brands, one companyWebsites, products or departments in one set of books.
- Groups of companiesSeveral legal entities, one login.
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