Multi-currency accounting
Dollars, pounds, euros. One set of books.
Invoice, buy and bank in any currency. DecaBooks applies the European Central Bank rate for each date and books the exchange difference when the money moves.
14 days free. No card required.
- Bill at ECB rate17.12
- Exchange difference2.96
- Bank fee0.68
- Paid from bank20.76
- PostedDone
Sample figures.
ECB rates applied for you
Each document gets the European Central Bank rate for its date, fetched automatically.
Exchange differences booked
When a foreign invoice or bill is paid at a different rate, the gain or loss is posted for you.
Bank fees on foreign card charges
A $20 charge that leaves your bank as €20.76 is split into the bill, the exchange difference and the bank fee.
Your own rate when needed
If you were charged a different rate, enter it on the document and it is used instead.
Every report in euros
The VAT return, the reports and the ledger stay in euros, with the original currency kept on each document.
Questions
Which rates does DecaBooks use?
The European Central Bank reference rates, fetched for each date.
Can I use a different rate?
Yes. Enter your own rate for a date, and it is used instead of the ECB rate.
Is VAT calculated in euros?
Yes. The VAT return always shows euro amounts.
Is it included in every plan?
Yes.
See it on your own books.
Start a free 14-day trial, or book a demo and we will set it up with you.