Multi-Currency
- 10 currencies on Growth, unlimited on Enterprise
- Daily auto exchange rate updates
- Gain/loss on foreign exchange auto-tracked
- Multi-currency invoicing and payments
Multi-currency accounting: how it works
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Pick the currency
Choose the customer’s or supplier’s currency when you raise an invoice or record a bill.
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Rates apply automatically
The day’s exchange rate is used, with rates updated daily.
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Record the payment
Log the payment in the foreign currency when it arrives.
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Gain or loss is posted
Any exchange difference is calculated and posted, and your reports stay in PKR.
Trade in any currency, report in rupees
If you import goods, export services, or bill clients abroad, your transactions happen in dollars, dirhams, riyals, and euros — but your books, your taxes, and your reports are in rupees. Converting every transaction by hand, and working out the gain or loss when the rate moves before payment arrives, is tedious and error-prone.
Finivo.pk handles it for you. Transact in USD, EUR, AED, SAR, and more, with exchange rates updated automatically every day. All reporting stays in PKR, and foreign exchange gains and losses are tracked automatically.
Our guide to multi-currency accounting for import/export businesses covers the concepts in detail.
What multi-currency covers
- Multi-currency invoicing: bill customers in their own currency
- Multi-currency payments: record payments received and made in foreign currency
- Daily exchange rates: updated automatically, so you are not looking rates up by hand
- Foreign exchange gain and loss: calculated and posted automatically when rates move
- Reporting in PKR: your financial reports always show one consistent currency
Accurate books when rates move
An invoice raised at one rate and paid at another creates a gain or loss that belongs in your accounts. Finivo.pk records it automatically in your general ledger, so your profit reflects what you actually received in rupees. Running projects for overseas clients? Combine it with project accounting to see profit per contract.
Who uses Multi-currency accounting
- Importers paying suppliers in foreign currency
- Exporters and IT companies billing clients abroad
- Freelancers and agencies paid in USD or other currencies
- Businesses with branches or partners in the Gulf and Europe
Multi-currency is included in Growth (up to 10 currencies) and Enterprise (unlimited currencies). Compare plans and pricing.
Multi-currency accounting: frequently asked questions
Which currencies are supported?
USD, EUR, AED, SAR, and more. Growth includes up to 10 currencies and Enterprise includes unlimited currencies.
Are exchange rates updated automatically?
Yes. Exchange rates are updated automatically every day.
How are exchange gains and losses handled?
Foreign exchange gain and loss is tracked and posted automatically.
Which currency are reports shown in?
All reporting is in PKR.
Can I invoice a customer in dollars?
Yes. Multi-currency invoicing and payments let you bill and collect in the customer’s currency.
Works together with
Accounting
Double-entry bookkeeping with automatic journal posting from every module. Your trial balance is always accurate — in real time.
Explore Accounting →Reports
Every report you'll ever need, updated the moment a transaction is posted. Export to PDF or Excel in one click.
Explore Reports →Project Accounting
Assign revenue and expenses to projects. See profitability per project, department, or cost centre in real time.
Explore Project Accounting →