Currencies and exchange rates
Work in several currencies, keep exchange rates up to date, and revalue at period end.
Your books stay in your base currency, but you can invoice, pay and hold bank accounts in others. Turn on each currency you use in Banking › FX rates. Multi-currency is included from the Standard plan.
Keeping rates current
Record a rate with its source — the central bank, a commercial bank, or your own — or connect the free exchange-rate feed, which updates every day and needs no setup.
Revaluation
At the end of a period, run a revaluation to restate foreign-currency balances at the closing rate. AXO posts the gain or loss to the ledger.
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