The Multi-Currency Challenge
Selling internationally means dealing with:
- Invoicing in customer's local currency
- Real-time exchange rate management
- Currency gain/loss accounting
- Multi-currency financial reporting
- Tax compliance across jurisdictions
What Your Platform Needs
- Automatic exchange rates — updated daily from reliable sources
- Multi-currency invoicing — send invoices in any currency, track in your base currency
- Gain/loss tracking — automatic unrealized and realized currency gain/loss entries
- Multi-currency reporting — consolidated reports in your base currency
How Automo Handles Multi-Currency
Automo's ERP supports multi-currency operations natively:
- Set your base currency and define supported currencies
- Invoices auto-convert at current rates
- Financial reports consolidate across currencies
- CRM deals can be tracked in any currency
- POS supports multi-currency transactions
Platform Comparison
| Feature | Automo | QuickBooks | Xero | NetSuite |
|---------|--------|-----------|------|----------|
| Multi-currency | ✅ | Plus plan+ | All plans | ✅ |
| Auto exchange rates | ✅ | ✅ | ✅ | ✅ |
| Multi-currency CRM | ✅ | N/A | N/A | ✅ |
| Multi-currency POS | ✅ | N/A | N/A | Add-on |
| Price (10 users) | $190/mo | $299/mo | $48/mo | $1,990/mo |
