Service 02 — Multi-Currency Management
International figures
kept consistent and honest
When you buy in euros, sell in dollars, and settle in sterling, your books need more than rough conversions. We handle the detail so your reports reflect what actually happened — across every currency you trade in.
What this service delivers
Your international transactions, recorded plainly across every currency
This service is for traders who work across multiple currencies and want their books to reflect that honestly. Not just converted totals, but clear records of what was paid in which currency, at what rate, and what effect exchange movements had on the outcome. No confusion, no hidden distortions — just figures you can read and rely on.
Transactions in their original currency
Each purchase and sale recorded in the currency it actually happened in — then converted clearly.
Exchange effects separated out
Currency gains and losses shown separately so trading performance stays readable.
Consistent reporting across periods
Month-on-month figures that are comparable, even when exchange rates shift between periods.
A familiar challenge
Multi-currency books get complicated faster than most traders expect
Trading in multiple currencies starts simply enough — a supplier invoices in euros, a customer pays in US dollars. But as the number of currencies grows, so does the complexity. Different transactions were converted at different rates. An invoice was raised in one month and settled in another when the rate had shifted. A payment was split across two currencies without a clear record of how.
By the end of the year, the figures can feel like a tangle. Not wrong exactly, but hard to interpret. Did we make money on that export run, or did a currency movement make it look better than it was? Those questions deserve clear answers — and they're easier to answer when the records are kept properly from the start.
"Our accountant keeps asking us to reconcile the euro payments from last quarter, and honestly, it takes us half a day every time. There must be a better way to keep those records."
— A situation we hear from traders working across three or more currencies
How we approach it
Each transaction recorded in its original currency — then converted, clearly
The foundation of this service is recording transactions in the currency they actually occurred in, before any conversion. That preserves the original picture and makes it possible to account for exchange movements honestly — rather than absorbing them invisibly into totals.
We use consistent conversion practices across your records — agreed with you upfront — and we keep exchange gains and losses visible rather than buried. When rates move between the date of an invoice and the date of settlement, we account for that difference explicitly. The result is a set of books where currency effects are traceable, not hidden.
What we handle
- — Multi-currency purchase recording
- — Multi-currency sales recording
- — Currency conversion at transaction date
- — Settlement vs invoice rate differences
- — Unrealised and realised exchange gains/losses
- — Period-end currency restatements
What you get in reports
- — Transactions listed in original currency
- — Base currency equivalents shown clearly
- — Exchange effects separated from trading results
- — Currency breakdown by period
- — Consistent month-on-month format
Working together
A monthly process that fits around your trade
We start by mapping the currencies you work in — which ones you buy in, which ones you sell in, and how payments typically move. From there we agree on a simple document-sharing process and a reporting format that gives you what you actually need, without burying you in figures.
Currency mapping
We understand which currencies you use and agree on conversion conventions.
Monthly document flow
You send invoices, bank statements, and payment records as they arise.
We record and reconcile
Every transaction entered in its original currency, exchange effects noted.
Clear monthly report
A plain-language summary: what moved, in which currency, and what it means.
Investment
Transparent pricing for a service that earns its place
Multi-Currency Transaction Management
Monthly ongoing service
USD 420
per month
What's included:
- ✓ Multi-currency purchase and sales recording
- ✓ Transaction-date currency conversion
- ✓ Settlement rate differences tracked
- ✓ Realised exchange gains and losses noted
- ✓ Period-end restatements handled
- ✓ Monthly multi-currency summary report
- ✓ Records organized for external review
- ✓ Direct access for questions
The monthly rate reflects typical transaction volumes across up to five currencies. If your trade spans more currencies or involves high transaction frequency, we'll talk through scope openly and quote accordingly. No surprises.
Why it works
Clarity builds as records accumulate
Multi-currency bookkeeping delivers the most value over time. After a few months of consistent recording, patterns become visible — which currencies you're most exposed to, which trade routes generate the clearest margins, where exchange timing has helped or hurt. Those are questions worth being able to answer.
Month 1
Currency conventions agreed, transaction history cleaned up and structured
Month 3
Exchange effects visible by currency — trading results readable without distortion
Month 6+
Comparable period history — useful for planning currency exposure and payment timing
We track progress by how clearly your reports answer the questions that matter: what did we earn in each currency, what did exchange movements add or take away, and do the figures reconcile cleanly with bank statements? When the answer to all three is straightforward, the records are doing their job.
Our commitment
Honest records, and we stand by them
If a figure in your monthly report doesn't reconcile with your bank statement, or a currency conversion looks off, tell us — we'll check it immediately and correct it if needed. That's not an extra service; it's part of what you're paying for.
Reconciliation queries at no extra charge
If a figure doesn't add up and it's down to our recording, we investigate and correct it as part of the service.
No obligation initial conversation
We're glad to discuss your multi-currency situation before any commitment — it helps us both understand whether the fit is right.
A note on what we do: We record and report — we don't advise on currency hedging or tell you when to convert. Our job is to make sure what happened is captured clearly and honestly, so you and your advisors can make well-informed decisions from solid figures.
Getting started
A simple path to cleaner currency records
Tell us about your currencies
Write to us at [email protected] or use the contact form. Let us know which currencies you work in, roughly how many transactions per month, and what's currently making the records difficult to manage.
We agree on the approach
A short conversation or email exchange to confirm currency scope, conversion conventions, and the monthly document-sharing process. Practical and to the point.
Records begin cleanly from month one
We start at the beginning of your next month with a consistent, agreed process — and you receive your first multi-currency report within a few days of month-end.
Ready for currency records that actually make sense?
A brief conversation is enough to understand your situation and whether this service is a good match. No pressure, just a clear and honest discussion about your numbers.
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