Currency management software to help your international business succeed
Find out how MYOB Advanced currency management modules can work for you
Easily support international customers, suppliers, and subsidiaries with currency management features that support your global business. Currency features are found throughout all financial modules and allow you to automatically compute gains and losses, perform account revaluations, and translate financial statements.
Realised gains and losses calculations
Automatically calculate the realised gains and losses from your foreign currency transactions including fund transfers and payments received.
Unrealised losses and gains adjustments
Automatic preparation for auto-reversing open documents, and adjusting for currency gains and losses in the exchange, make it easier for you to adjust your entries.
Financial Statement Translation
Manage subsidiaries in foreign countries or prepare statements in foreign currencies with the ability to easily translate your accounts and balances.
Important features of currency management
Revaluation of GL Accounts
Easily adjust the value of your account base currency, and revalue any of your General Ledger accounts in a foreign currency.
Automatic Handling of Rounding Differences
Let us do the hard work for you, with automatic computing of rounding differences that post directly to your designated General Ledger account.
Historical and Auditing Reports
Never lose your data with comprehensive reports monitoring historical performance of currency rates and revaluations.
Unlimited Currencies and Rate Types
Do business in multiple different countries? No problem. You can support an unlimited number of currencies at one time. Want to assign different rates to suppliers and customers in the same currency? You can do that too.
Complete Tracking of Gains and Losses
Keep track of you gains or losses with detailed analytical reports and subaccounts for different currencies.
Keep track of who does what with User ID tracking and notes attached directly to the transaction.
Configurable Decimal Precision
Different currencies work differently - have the flexibility to adjust the number of decimal places per currency.
Currency Rate Lookup
Managing currency exchange rates is made easy with automatic lookup based on transaction date and rate types. Have the flexibility to manually override these, and receive helpful indicators if the manual rate exceeds acceptable rates of variance.