Experiense Gravity Software's Robust Multi-Currency Accounting Solution

schedule a demo with Gravity Software
x

See how Gravity compares to leading cloud accounting solutions. Request a demo.

  • Effortless Multi-currency Management for global operations
  • Effortless Multi-currency Management for global operations

    Managing financial transactions across multiple currencies shouldn't be complicated. With Gravity Software’s Multi-Currency feature, businesses can automate foreign exchange (FX) calculations, streamline reporting, and maintain accurate currency management across entities.

    Whether you're handling cross-border transactions or consolidating multi-entity financials, Gravity Software empowers your business to stay compliant, efficient, and error-free.

    Schedule a demo to explore how Gravity Software can simplify your multi-currency accounting.

  • Multi-currency features and demo video
  • Multi-currency features and demo video

    Two different currencies symbolizing Gravity Software's multi-currency features for seamless global financial management.

    Seamless global transaction handling

    Gravity Software's Multi-Currency feature is engineered to manage the complexities of global financial transactions with ease. From automating FX calculations to streamlining reconciliations, our solution enables businesses to manage their financial operations across borders efficiently.

    Key features:

    • Automated FX conversions: Automatically convert transactions between different currencies, ensuring accurate reporting.
    • Streamlined consolidations: Consolidate multi-entity financials into a single, unified reporting currency, while maintaining local compliance.
    • Comprehensive FX reporting: Easily generate detailed FX reports for global financial visibility and compliance.
    • Flexible exchange rate management: Set user-defined schedules for automated exchange rate updates or manually manage rates as needed.

    Unlock the full potential of your global financial operations.

    Watch our demo video below to understand how Gravity Software helps businesses simplify currency management and enhance global financial reporting. Get a detailed walkthrough of the Multi-Currency functionality.

    Gravity Software Multi-Currency Trial Balance showing accurate FX calculations and multi-entity financial consolidation

    Streamline your multi-currency financials with Gravity Software

    The screenshot above showcases Gravity Software’s Multi-Currency Trial Balance, designed to help businesses manage complex international transactions seamlessly. Our platform automates foreign exchange calculations, consolidates multi-entity financials, and ensures accurate reporting across currencies—all in real-time.

    Ready to see how Gravity Software can simplify your multi-currency accounting?

    Schedule a demo today to explore how our solution can optimize your global financial management and enhance operational efficiency.

  • Why choose Gravity Software for Multi-Currency
  • Why choose Gravity Software for Multi-Currency

    Gravity Software, empowering businesses with scalable multi-currency accounting solutions.

    Streamline global operations with powerful multi-currency accounting

    Managing multiple currencies across borders can be a complex challenge for growing businesses. Gravity Software is built to simplify and automate this process, ensuring your global financial operations are seamless, efficient, and compliant. Trusted by organizations worldwide, our Multi-Currency solution provides the tools you need to accurately manage foreign exchange transactions, simplify consolidation, and optimize reporting—all from a single, unified platform. With real-time data, powerful automation, and seamless integrations, Gravity Software enables your business to stay on top of its international financial obligations and adapt to changing global markets.

    Benefits for your global business:

    • Automate complex financial processes with precision to reduce manual effort and risk of errors.
    • Ensure accurate, timely currency conversions for seamless financial reporting.
    • Improve efficiency and reduce manual errors across your global entities.
    • Support growth with flexible and scalable solutions that adapt to your expanding business.

    Ready to optimize your global financial management? Get started with a demo and experience how Gravity Software can transform your multi-currency accounting.

  • What clients are saying
  • What clients are saying

    Sofia Lambros, Head of Accounting at Proteus Power, sharing insights on how Gravity Software transformed their multi-entity and multi-currency accounting.

    Hear from our satisfied client

    Don’t just take our word for it—hear from businesses like yours that have transformed their financial operations with Gravity Software. Our clients share how our multi-entity, multi-currency accounting solution has streamlined their processes, increased efficiency, and provided them with the confidence they need to scale.

    With Gravity Software, we’ve significantly reduced manual data entry for multi-entity transactions, and we're confident that we're following GAAP standards for multi-currency accounting. It’s given us more time to focus on other important aspects of our business, like marketing and investor relations, while ensuring our financials are accurate and easy to follow."

    — Sofia Lambros, Head of Accounting, Proteus Power

     

    Ready to see the full story? Read the Case Study and discover how Gravity Software can help your business.

  • Helpful resources to optimize your multi-currency accounting
  • Helpful resources to optimize your multi-currency accounting

    G2 'Users Love Us' badge, recognizing Gravity Software for its high customer satisfaction with an average rating of 4.0 stars or higher

    Access valuable articles, case studies, and expert insights designed to help you navigate the complexities of multi-currency accounting. Whether you’re looking to streamline cross-border transactions, improve currency management, or learn from real-world success stories, these resources will equip you with the knowledge needed to enhance your global financial operations.

    Comprehensive Accounting Solutions
    Discover how Gravity Software’s all-in-one accounting platform, featuring advanced multi-entity accounting software, seamless integrations, and powerful operational tools, simplifies financial management and empowers your business to scale with confidence.
    AI Accounting Solutions
    Discover how AI-powered tools can streamline your accounting operations, automate routine tasks, and enhance decision-making for CFOs. Learn practical strategies to implement AI in your accounting processes and stay ahead of the competition.
    Multi-Entity Accounting Simplified
    Explore how Gravity Software streamlines accounting across multiple entities, ensuring efficiency, accuracy, and compliance with automated processes and real-time financial visibility.
    Power Platform for Accounting
    Learn how Gravity Software, built on the Microsoft Power Platform, enhances accounting with seamless integrations, real-time insights, automation, and enterprise-grade security to help your business scale smarter.
    Powerful Accounting Tools
    Explore how Gravity Software’s advanced accounting features help streamline complex financial operations, from AP automation to multi-entity management, and scale your business with ease.
    Save on Cloud Accounting
    Learn how CFOs can optimize their cloud accounting software budget for multi-entity businesses, reduce hidden costs, and scale efficiently with Gravity Software’s flexible and powerful solutions.
    Watch Gravity in Action
    Discover how Gravity Software streamlines accounting with this 7-minute demo video, highlighting key features like multi-entity management, automation, and real-time reporting.
    Customer Success Story
    Learn how Proteus Power streamlined their multi-entity and multi-currency accounting processes, achieving GAAP compliance and saving hours each week with Gravity Software’s powerful features.
    Experience Gravity Software
    See how Gravity Software can transform your financial operations by scheduling a personalized demo to explore our multi-entity, multi-currency features and advanced automation tools.
  • Frequently
    asked questions
  • Frequently
    asked questions

    FAQs about Gravity Software’s Multi-Currency Feature

    Navigating the complexities of multi-currency accounting can be challenging, especially when managing global operations across multiple entities. In this section, we’ve addressed some of the most common questions our clients ask about Gravity Software’s Multi-Currency feature. These insights will help you understand how our solution can simplify your international financial transactions and improve accuracy and efficiency across your business.

    arrow

    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.

    Get started with Gravity Software today!

    Ready to streamline your multi-currency accounting? Schedule a demo to see how Gravity Software can simplify your global financial operations.

    Schedule a Demo – Take the first step toward efficient multi-currency accounting.

    schedule a demo with Gravity Software

    { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Gravity Software’s Multi-Currency feature?", "acceptedAnswer": { "@type": "Answer", "text": "Gravity Software’s Multi-Currency feature automates currency conversions, allowing businesses to transact in any currency while automatically calculating foreign currency gains and losses. It supports setting up currencies at three levels, enabling each company to have its own home currency, with the ability to consolidate into a chosen reporting currency." } }, { "@type": "Question", "name": "How does Gravity Software handle exchange rates?", "acceptedAnswer": { "@type": "Answer", "text": "Gravity Software allows users to manage exchange rates manually or utilize an integrated service to auto-update rates on a user-defined schedule. This ensures that currency conversions are accurate and up-to-date, facilitating simplified bank account reconciliation and precise financial reporting." } }, { "@type": "Question", "name": "Can Gravity Software manage transactions in multiple currencies?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, Gravity Software enables users to receive vendor invoices and conduct transactions in currencies different from the company’s base currency. The system automates currency conversions and calculates foreign currency gains and losses, streamlining international financial operations." } }, { "@type": "Question", "name": "What are the benefits of using Gravity’s Multi-Currency feature?", "acceptedAnswer": { "@type": "Answer", "text": "Gravity’s Multi-Currency feature simplifies reporting and transaction processing across multiple currencies. It automates currency conversions, ensures accurate calculations of foreign currency gains and losses, and provides flexible exchange rate management. This functionality enhances efficiency and accuracy in managing international financial operations." } }, { "@type": "Question", "name": "Is Gravity Software suitable for businesses with multiple entities?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, Gravity Software is designed to manage multiple entities or subsidiaries within a single system. Its multi-entity capabilities allow for seamless management of various companies without the need to log in and out of different databases, making it ideal for businesses with complex organizational structures." } } ] }