MULTI-CURRENCY accounting software
Close confidently across every currency
Fiatum helps finance teams automate currency conversion, revaluations, FX gains and losses, and consolidated reporting across multi-currency operations.
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180+ native currencies, multi-region support
Fiatum posts every international transaction in both local and standard currency, using real-time exchange rates.
Revaluations post themselves.
Fiatum pulls live exchange rates daily and applies them automatically at period-end. Unrealized gains and losses post to the right accounts.
No lookups. No manual journal entries. Just clean books, on time.
Consolidated. On demand.
Fiatum translates each entity to your reporting currency and eliminates intercompany balances automatically. Currency translation adjustments, eliminations, and currency conversions happen automatically.
Multi-currency accounting, Built into your close
Move from manual reconciliations to faster, cleaner, and more accurate multi-currency reporting with Fiatum.
By clicking “Get Started” you agree to the use of your data in accordance with Fiatum Privacy Notice, including for marketing purposes.
Multi-currency FAQ
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 Fiatum, you can automate it with automatic exchange difference tracking, foreign-currency variance postings, real-time consolidation, currency gain and loss tracking, and fluctuation alerts.
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. Fiatum automates this end-to-end, handling conversions, revaluations, and multi-entity rollups in real time. For more complex structures, its multi-entity accounting software ensures seamless consolidation and intercompany eliminations— all flowing through an integrated ERP-based general ledger. Learn more about the role of the general ledger in ERP systems.
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 also be 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 standards differ. With an automation tool like Fiatum, all these processes are handled automatically, so your team can reduce errors, save time, and focus on strategic finance work. Fiatum’s treasury management software complements this by centralizing cash positions and liquidity across currencies and banks.
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.
Fiatum 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.