Go Global with Multi-Currency Accounting in Gimbla

Multi-Currency Accounting

Break Down International Barriers with Gimbla's Multi-Currency Accounting Software. Our powerful multi-currency accounting software empowers you to manage transactions, track performance, and get paid effortlessly in over 130 currencies – all while maintaining a single base currency.

Say goodbye to the complexities of international business and unlock seamless financial management across borders. With Gimbla, you can:

  1. Send and receive payments in your clients' local currencies.
  2. Generate invoices, quotes, and reports in multiple currencies.
  3. Gain real-time insights into your international cash flow and profitability.

Don't let currency exchange and global transactions hold your business back. Start your journey towards seamless international growth with Gimbla today!

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Monthly Fee

$19.95 AUD

  • Everything in the Starter Plan

  • Storage for attachments

  • Multi-currency

  • Recurring Invoices & Bills

  • Invoice & Journal Imports

  • Payroll & STP Reporting *

See all our features

Features Highlights

Get paid faster

Generate professional invoices in your clients' local currencies – over 130+ supported.

Eliminate exchange rate hassles

Use real-time rates from leading FX providers for accurate conversions.

Simplify client accounting

Provide clear and concise statements, even when transactions involve multiple currencies.

Reconcile with ease

Manage your international bank accounts seamlessly by setting them up in their designated currencies.

Multi-Currency Accounting

Why do you need a multi-currency accounting system?

A multi-currency accounting system is essential for businesses that operate across borders, work with international clients or suppliers, or handle assets in various currencies. Here are some of the main benefits:

Accurate Financial Reporting: Multi-currency systems enable precise tracking of transactions in multiple currencies, improving the accuracy of financial reports. They allow businesses to generate balance sheets, income statements, and cash flow reports in the base currency while detailing amounts in foreign currencies.

Exchange Rate Management: These systems typically offer automated exchange rate updates and conversion functions, reducing the risk of manual errors when converting currency values. This can be critical for reconciling accounts and ensuring compliance with regulatory standards.

Improved Decision-Making: Multi-currency reports help management analyze the financial impact of currency fluctuations, enabling better strategic planning and risk management. They can help a business understand profitability in each currency, aiding in decisions about which markets to prioritize.

Customer and Supplier Convenience: With a multi-currency system, companies can bill customers and pay suppliers in their preferred currencies. This reduces friction in transactions and strengthens relationships with international clients and suppliers.

Regulatory Compliance: Many jurisdictions require detailed multi-currency accounting for tax and compliance purposes. A multi-currency system helps track exchange gains/losses and maintain compliant records.

Efficiency in Global Operations: For businesses with branches or partners in different countries, a multi-currency system centralizes currency management, making it easier to consolidate financial data from various locations.