Multi-Currency Accounting | Gravity Software for Global Business

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

Daniel-Rodriguez-400x400

“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

View Case Study

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Multi-Entity

Manage all your company’s entities and subsidiaries seamlessly within a single system, eliminating the need to switch between databases.

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AP Automation

AP Automation simplifies accounts payable with invoice capture, approval workflows, and seamless integration for improved efficiency.

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Dashboards

Dashboards provide real-time, customizable insights to track key performance metrics and drive informed decision-making.

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Resources to power your business

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Multi-currency accounting best practices

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What to consider when selling in multiple currencies

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Frequently
asked
questions

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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