Currency Management

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Currency Management

The Currency Management (CM) module automatically computes realized and unrealized gains and losses, performs account revaluations, and performs financial statement translation so you can save time managing international subsidiaries and operations.

View Datasheet

Currency Rate Entry

Statement Translation

Statement Translation – Details

Currency Rate by ID

Highlighted Features

  • REALIZED GAINS AND LOSSES: Acumatica automatically calculates realized gains and losses from foreign currency transactions entered into any financial module. This can include receiving payments from customers, issuing payments to vendors, and transferring funds.
  • REVAULATION OF GL ACCOUNTS: Revalue General Ledger accounts which are dominated in foreign currency. Before closing the financial period, you can run the revaluation process to compute and create the auto-reversing adjusting entries for unrealized gains and losses.
  • FINANCIAL STATEMENT TRANSLATION: Perform financial statement translation to manage subsidiaries that operate or submit statements in a foreign currency.
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IT Director, Dixie Plywood Companies

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