Multi-Currency

To access global markets, businesses must be prepared to track and manage multi-currency transactions. With Xledger, we make it easy for multi-currency businesses to track and report financial transactions and statements.

Manage Multiple Currencies on One Ledger

It’s not uncommon for businesses to manage multiple currencies within different ledgers. This can make reporting inefficient, often delaying critical information needed to make informed decisions. Xledger allows you to track multi-currency transactions on one single ledger.

Automatically Track and Apply Daily Exchange Rates

Currency exchange rates are continually changing, requiring accountants and financial analysts to manually calculate the values in the reporting currency. This makes the consolidation and reporting process inefficient and prone to human error. Xledger tracks currency exchange rates and updates them in real time.