SCALE
Multi-Currency Accounting
Multi-currency accounting software with AI to simplify global consolidation, automate currency conversions, and ensure audit-ready, compliant reporting.
Navigate international markets with precision
Global VAT and GST compliance
Work in 180+ currencies and convert them with real-time rates. Automate multi-currency adjustments based on FX fluctuations.
Multi-currency transactions
Send and receive invoices, quotes, and payments in multiple currencies. Assign default currencies to contacts and automatically balance inter-entity transactions.
Global bank integrations
Access foreign exchange bank accounts and 13,000+ real-time bank feeds. Get an instant view of all your accounts on your unified LEDGER dashboard.
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Multi-currency journal entries
LEDGER records journal entries in any currency while giving you the flexibility to override calculated base amounts for precise reporting.
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Custom currency solutions
Assign multiple currencies to customers or vendors, and select currencies at JE line level. Set up FX-variance posting rules to suit your needs.
Real-time FX overviews
Feel more peace of mind and keep your reporting accurate at all times with live exchange-rate updates.
Cut out manual work
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Unrealized gain/loss postings
Every time a transaction is posted or updated, LEDGER automatically posts unrealized gains and losses for open currency accounts or AR/AP balances.
Realized gain/loss postings
When an AR or AP balance is paid or when currency is converted, LEDGER instantly tracks and posts realized currency gains or losses.
Automatic matching gain/loss
Automatically track differences in base currency when recording payments. LEDGER AI posts the corresponding gain or loss without manual intervention.
Automatic rounding
Keep auditors satisfied by tying your books down to the last decimal. LEDGER automatically tracks individual cents lost during the rounding of gain and loss postings, ensuring nothing is left unaccounted for.
Currency revaluation
Streamline month-end processes with AI-guided currency revaluation that automatically adjusts foreign currency holdings to reflect current exchange rates.
AI forecasting
Leverage AI to predict currency fluctuations and their impact on cash flow and profit. LEDGER provides insights into future financial changes due to currency movements, giving you enhanced visibility beyond traditional bank-account forecasts.
Consolidate your books natively and report with more accuracy
Real-time consolidation: locally, regionally, globally
Run subsidiary-level or consolidated reports seamlessly – no more double-counting revenue or waiting for month end.
LEDGER takes care of complex CTA postings, eliminations, and currency conversions. It can also apply multiple accounting treatments to a single transaction for transparent reporting.
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Advanced reporting tools
Access detailed financial reports in local or foreign currencies, tailored to your needs. LEDGER offers multi-book reporting and quick drill-downs so you can uncover real-time insights and ease GAAP or IFRS compliance.
Get a deeper look at your global accounting processes
Adjust currency at line level
No more spreadsheets. Choose different currencies per journal entry line, and either manually enter FX rates or use live rates. Adjust base amounts any time.
Dynamic FX overviews
Efficiently manage foreign currency transactions with integrated FX amounts in your financial statements, allowing for seamless analysis or simplification to base amounts.
Currency exposure reporting
Get clarity across all bank accounts in every country you operate in. Get on-demand reports for all active currencies, showing exposure for selected criteria, like country or entity.
Unified, real-time dashboard
See your up-to-the-minute cash positions on a single, dynamic dashboard. Sort by currency, region, or exchange rate, and filter for everything from broad summaries to granular data.
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Currency gain and loss tracking
Monitor the impact of currency fluctuations with detailed tracking of realized/unrealized gains and losses. Create reports to analyze how exchange-rate changes affect your profit and cash flow.
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Proactive currency monitoring
Stay ahead with real-time alerts on exchange rate fluctuations that affect your business. Plus, get global rollups of KPIs to help you make timely strategic decisions.
Simplify multi-currency compliance
Regulatory compliance
Meet ASC 830 / FAS-52 requirements with automated gain/loss calculations and foreign-currency revaluations. Plus, let LEDGER automatically manage your local and international tax structures, tax remittances and tax reporting.
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Support audit prep
Make compliance smoother with multi-currency audit trails and detailed CTA balance reports.
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Simplified tax handling
Manage tax across multiple jurisdictions with GAAP and IFRS-adjusted reports. Ledger takes care of VAT, GST, and local tax requirements.
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