Multi-Currency

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Simplify cross-border financials with Gravity Software’s Multi-Currency automation and precise reporting

Streamlined reporting across entities

Effortlessly consolidate multi-entity financials into a single, unified reporting currency while maintaining each entity’s distinct home currency to support accurate local operations and compliance.

Accurate FX Calculations for Global Financial Reporting

Automatically calculate realized and unrealized foreign exchange gains and losses with advanced automation, ensuring precise, compliant, and trustworthy financial reporting across all currencies and entities, while reducing manual errors and improving efficiency in global financial operations."

Simplified and flexible exchange rate management

Administer exchange rates manually or leverage an integrated service to automate daily updates on a user-defined schedule, ensuring up-to-date conversions and accurate bank account reconciliation.

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Powerful automation for global transactions

Gravity Software’s Multi-Currency module is designed to handle the complexities of global financial operations. With robust automation and support for:

  • Transactions in any currency
  • Automated conversions
  • Simplified bank account reconciliation
  • Comprehensive FX reporting

Gravity Software empowers multi-entity organizations to ensure accuracy, efficiency, and control when managing international financial processes. Whether your business is expanding internationally or managing multiple entities, Gravity Software simplifies exchange rate management and enables seamless cross-border financial operations.

 

Empower Global Business with Gravity Software’s Multi-Currency Solution

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“With Gravity, our month-end and year-end audits provide us with one database to manage. This solution fills a void for mid-sized companies needing accounting software. It provides us with ERP functionalities at an affordable price.”

Daniel Rodriguez, Director of Finance
Alivi


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Get started with Gravity Software today!

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Frequently
asked
questions

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What is the purpose of the Multi-Currency feature in Gravity Software?

Gravity Software's Multi-Currency feature simplifies the management of foreign transactions, automates currency conversions, and supports accurate financial reporting across multiple currencies.

How are exchange rates managed in Gravity Software?

Exchange rates can be updated automatically via Open Exchange Rates integration or manually adjusted for specific business needs.

Can Gravity Software handle realized and unrealized FX gains and losses?

Yes, Gravity Software automatically calculates realized gains and losses upon settlement and provides reports for unrealized gains and losses at period end.

Is the Multi-Currency feature compatible with multi-entity businesses?

Absolutely. Gravity Software supports multi-entity financials with a three-tier currency model, ensuring seamless consolidation and reporting.

What types of businesses benefit most from Gravity Software’s Multi-Currency solution?

Any business operating internationally, managing multiple entities, or frequently transacting in foreign currencies will benefit from Gravity Software’s robust Multi-Currency functionality.

Does Gravity Software support bank reconciliation in foreign currencies?

Yes, bank accounts can be reconciled in their declared currency, ensuring accuracy and compliance.

Can I manually override exchange rates for specific transactions?

Yes, users have the flexibility to override rates to match those provided by financial institutions or external agencies.

Want to learn more about Gravity Software’s Multi-Currency?

Download the Gravity Software's Multi-Currency Product Fact Sheet, or schedule an online demo to see the features in action.

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