Acumatica Currency Management software is designed to handle multi-currency transactions efficiently, minimize financial risk, and ensure compliance with international standards. It supports all international subsidiaries, vendors, and customers, automatically computes realized and unrealized currency gains and losses, and translates complete financial statements.

Key Features

Realized Gains and Losses Automatically calculates realized gains and losses from foreign currency transactions.

• Automated calculations
• Accurate financial reporting

Unrealized Gains and Losses Creates adjusting entries for unrealized currency exchange gains and losses.

• Auto-reversing entries
• Compliance with accounting standards

Financial Statement Translation Translates financial statements for subsidiaries operating in foreign currencies.

• FASB-52 standards
• Consolidated reporting

Multiple Base Currencies Supports transactions in multiple base currencies.

• Global compatibility
• Consolidated financial reporting

Unlimited Currencies and Rate Types Supports an unlimited number of currencies and rate types.

• Flexible currency management
• Up-to-date exchange rates

Benefits

Operational Efficiency Streamlines currency management processes and reduces manual tasks.

• Automated workflows
• Consistent procedures

Enhanced Compliance Ensures continuous compliance with international accounting standards.

• Real-time monitoring
• Audit trails

Improved Decision-Making Provides real-time insights for better financial decisions.

• Comprehensive reporting
• Data-driven strategies