Scale globally with our automated multi-currency accounting software

Cut out manual calculations that slow down your close cycles. Access live FX rates and 13,000+ bank feeds, post transactions in original and local currencies, and get real-time visibility across entities and borders.

13,000+ native integrations

Manage global cash flow precisely in one multi currency-native platform

Work in 180+ currencies from 240+ countries and convert them with real-time rates.

Access foreign currency exchange bank accounts, connecting to 13,000+ real-time bank feeds in 60+ countries.

Get a real-time look at all your accounts and cash positions on a single dashboard, or connect directly with our treasury management software. Filter by currency, region, or exchange rate.

Automate multi-currency adjustments based on FX fluctuations.

Send and receive invoices and payments in multiple currencies.

Balance inter-entity transactions automatically.

Record journal entries in any currency. Override calculated base amounts whenever you need.

Assign default or multiple currencies to customers or vendors.

Adjust currency at line level without the hassle of spreadsheets or complex entries. Have the flexibility to use live FX rates or manually enter your own.

Stay on top of currency fluctuations with consolidated exchange-rate tables, updated 24/7 through CurrencyAPI. Switch views in one click to see historical, average, and current rates.

Turn scattered data into unified, real-time reports and insights

Consolidate locally, regionally and globally in minutes with our integrated multi-entity accounting software. Run subsidiary-level or consolidated reports in real time—no need to double-count revenue or wait until month end.

Automate complex financial operations like CTA postings and eliminations, and apply multiple accounting treatments to single transactions for smooth reporting.

View financial reports in local or foreign currencies for subsidiaries, HQs, and parent companies. DualEntry’s financial close software, built directly into our ERP, supports flexible reporting views and one-click drill-downs, giving you live insights while simplifying GAAP/IFRS compliance.

Bring FX amounts directly into your financial statements, which you can analyze in detail or simplify to base amounts. View all balance sheet transactions, purchase orders, invoices, or bills in your functional currency.

Get clarity across your global bank accounts with currency-exposure reporting tools. Create reports for all active currencies and see exposure by different criteria, like country or entity.

Get global rollups of KPIs created for you on demand by AI.

Run international subsidiary books in the local currency, no matter what the transaction currency is. All transactions are automatically posted in both local and standard currencies with up-to-date exchange rates.

Monitor the impact of FX fluctuations with automatic tracking of realized and unrealized gains and losses, powered by our integrated cash flow management software. AI-generated reports help visualize how exchange rate changes affect your profit and cash flow.

Streamline global compliance, even for complex situations

Comply with ASC 830 / FASB-52 through automated gain/loss calculations and foreign currency management. DualEntry also automatically manages international tax structures.

Keep multi-currency audit trails and detailed CTA balance reports. You'll also get instant adjustments for local compliance needs, supporting initiatives like the UK's Making Tax Digital.

Manage tax obligations across multiple jurisdictions with GAAP and International Financial Reporting Standards (IFRS)-adjusted reports. DualEntry takes care of VAT, GST, and local tax requirements to reduce reporting pain.

Let AI take care of tracking currency fluctuations and adjusting entries

Unrealized gain/loss postings

Every time a transaction’s posted or updated, DualEntry AI automatically posts unrealized gains and losses for open currency accounts or AR/AP balances.

Realized gain/loss postings

Let DualEntry match and reconcile transactions automatically. When an AR or AP balance is paid or when currency’s converted, AI instantly tracks and posts realized currency gains or losses.

AI analysis

Track base currency differences when recording customer or vendor payments to banks or applications. DualEntry AI posts gains and losses automatically.

AI narratives

Streamline month end and keep your statements accurate with AI-guided currency revaluation. Foreign currency account holdings are automatically adjusted to reflect current exchange rates.

AI risk assessment

Stay ahead with AI-generated alerts on exchange-rate fluctuations that might affect your business. DualEntry AI alerts you on FX changes as they happen so your books are always up to date.

Why high-performing teams choose DualEntry
for multi-currency accounting

For accountants

Stop switching between rate tables and currency converters while processing global transactions. DualEntry automatically syncs live FX rates and posts revaluations, so every conversion’s accurate and traceable—without manual lookups or entry errors.

For controllers

Close multi-entity, multi-currency books faster with automated FX workflows and consolidated reporting. DualEntry cuts out the need for Excel workarounds and manual bank reconciliations by handling intercompany translations and GAAP/IFRS compliance automatically. You save time on manual adjustments and can refocus on strategy.

For CFOs and VPs of finance

Enjoy financial management made simple with instant visibility into global performance with consolidated currency dashboards, including local currency drill-downs, foreign exchange rate impact summaries, and scenario modeling. You’re able to make confident decisions in volatile currency environments and create quick, audit-ready reports that keep investors informed.

Everything you need from
a multi-currency acounting software
without the extra charges

Feature
180+ currencies and 240+ countries DualEntry automatically posts international transactions in both the local and standard currencies	Not supported	~190 currencies; 100+ countries only	~50 country localizations
AI-guided currency revaluation DualEntry AI automatically adjusts foreign currency holdings to reflect current exchange rates	Not supported	Not supported	Not supported
Fluctuation alerts Get real-time alerts on exchange-rate fluctuations	Not supported	Requires SuiteFlow/customization	Requires add-on
13,000+ global, real-time bank connections	Limited bank feeds	Limited (SuiteBanking add-on)	Third-party needed
Exchange-rate monitoring View historical, average, and current FX rates in consolidated tables	Not supported	Manual or customization needed	Manual or add-on needed
Live FX rates Convert currencies with real-time exchange rates	Manual or partial auto-update	Requires SuiteApp or add-on	Requires add-on
Multi-treatment transaction accounting Apply multiple accounting treatments to a single transaction for transparent reporting	Not supported		Not supported
Multi-currency customers Assign multiple currencies to customers or vendors, and select and adjust currencies at journal-entry line level	Not supported
Real-time consolidation Run subsidiary-level or consolidated reports at any time	Not supported		Requires Intercompany add-on
Multi-currency journal entries DualEntry records journal entries in any currency, with the option to override calculated base amounts	Limited (one currency per entry)
Unrealized gain/loss postings DualEntry AI posts unrealized gains and losses for open currency accounts or AR/AP balances whenever a transaction is posted or updated	Manual revaluation in Desktop
Automatic exchange difference tracking DualEntry automatically tracks differences in base currency when recording initial customer or vendor payments to bank deposits or payment applications	Partial (no continuous GL tracking)
Foreign-currency variance postings When differences in base currency are identified in payments, DualEntry AI autoamtically posts the corresponding gain or loss	Limited (realized only)
Realized gain/loss postings DualEntry AI tracks and posts realized currency gains or losses whenever an AR or AP balance is paid or currency is converted
On-demand report generation Generate on-demand reports for all active currencies, or focus on specific countries or entities
Currency gain and loss tracking Monitor currency fluctuations with detailed tracking of realized and unrealized gains and losses

Multi-currency accounting software FAQ

What is multi-currency accounting?

Multi-currency accounting is the process of handling different currency-based transactions, expenditures, and revenues. It’s a complex process, but the good news is that with DualEntry, you can automate it with automatic exchange difference tracking, foreign-currency variance postings, real-time consolidation, currency gain and loss tracking, and fluctuation alerts.

How do I handle multi-currency accounting?

To handle multi-currency accounting the right way, you need to track and record each transaction in its original currency, add the exact exchange rates from the time of the transaction, then track gains or losses from currency fluctuations. You’ll also need to consolidate financials across entities and currencies. DualEntry automates this end-to-end, handling conversions, revaluations, and multi-entity rollups in real time.

Why is accounting so difficult when multiple currencies are involved?

Accounting gets tricky when multiple currencies are involved because each foreign currency transaction needs to be recorded with the exchange rates at the exact time that transaction happened. The problem is, FX fluctuations can cause gains or losses that must be also tracked—making this process easily error-prone. Consolidating books across entities or regions makes things even more complex, especially when local accounting regulations or reporting accounting standards differ. With an automation tool like DualEntry, all these processes are handled automatically, so you can be confident that there are no errors and save time to refocus on strategic work instead.

What’s the best multi-currency accounting software?

The best multi-currency accounting software offers live FX rates, support for many currencies, and automatic exchange-difference tracking to guarantee accuracy across global transactions. It should also handle multi-currency entries and consolidations in real time. For the smoothest experience you’ll also want to look for features like AI-guided revaluation, realized/unrealized gain postings, and fluctuation alerts that keep you compliant as you scale.

How does DualEntry automate currency conversion and FX handling?

DualEntry automates currency conversion by using live FX rates and real-time FX monitoring, so you always book transactions at the correct value. It automatically posts realized and unrealized gains or losses, tracks exchange rate differences, and revalues balances with AI guidance. Everything flows through your audit trail, fully reconciled and ready to meet country-specific reporting needs.

Can DualEntry consolidate financials across entities and currencies?

Yes. DualEntry consolidates financials across entities and currencies instantly. It also handles eliminations, FX translation, and local accounting treatments automatically, so your reports are always accurate and audit-ready.

Can I invoice and pay vendors in their preferred currency with DualEntry?

Yes. With DualEntry, you can take on multi-currency invoicing and pay vendors in their preferred currency automatically, without spending time on manual conversions. FX rates are applied automatically, and all gains or losses are tracked and posted for you.