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ERP.AI Multi-currency Accounting

Multi-currency Accounting

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Modules

General ledgerKeep transaction amounts, functional values and approval evidence together across journals, close adjustments and group reporting. Currencies and ratesKeep the source, purpose and approval behind every exchange rate, from document posting to group reporting. RevaluationRestate foreign-currency balances with clear sign conventions, item-level carrying values and independent approval. ReceivablesKeep customer balances, cash received and exchange differences clear across invoicing, collection and settlement.
PayablesReview supplier bills and payment authority, then reconcile cash, withholding and exchange differences without losing the original evidence. BankingReconcile each bank account in its own currency, recognise unmatched cash and retain the evidence behind transfers and payment outcomes. Intercompany and consolidationAgree cross-entity activity, preserve each company’s books and review translation and eliminations in the group reporting currency. Period closeCoordinate close dependencies, review supporting workings and keep reporting periods separate from later postings.

Multi-currency Accounting

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Processes

Multi-currency period closeApprove reconciliations, revalue supported balances, review the close and consolidate each entity into the group reporting currency. Invoice to cash in a foreign currencyInvoice customers in their currency, record cash when it arrives, and reconcile each application with the amount owed and its current carrying value. Bill to paymentReview supplier bills, approve spending within recorded authority, and track payments, currency differences and rejected-bank attempts through to reconciliation.
Revaluation runRestate foreign-currency balances with item-level workings, independent approval and a clear basis for later settlement. Intercompany to eliminationAgree intercompany transactions, post each entity in its own period, reconcile balances and review consolidation differences. Consolidation and translationTranslate entity results into the group currency, review eliminations and adjustments, and approve a reproducible consolidation.

Multi-currency Accounting

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Industries

Groups with subsidiaries abroadA parent and several subsidiaries, each with its own functional currency and calendar, consolidating monthly into one reporting currency with intercompany traffic between them. Exporters and importersA single entity that buys and sells in currencies other than its own: foreign-currency invoices and bills, currency bank accounts, realised differences on every settlement, no consolidation.
Global services and software firmsConsultancies, agencies and software companies billing customers in many currencies from entities in a few, with high invoice volume, subscription and milestone billing, and recharges between entities for shared staff. Shared-service finance centresOne finance team closing many entities in many currencies on behalf of a group, with segregation by entity, one checklist per entity and one dashboard across them.

Multi-currency Accounting

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Reference

Roles and permissionsGive each person the access they need, with clear limits and independent financial approvals. Reports and dashboardsThe statements and schedules a multi-currency finance team runs on, each with what it answers and who reads it, all drawn from the same postings as the ledger. Data modelExplore the records and relationships behind your ledger, from source documents to group reporting.
IntegrationsConnect your ledger to the banks, billing tools and reporting systems your finance team already uses. ImplementationMove your books with a controlled migration, a rehearsed close and a launch plan for each entity. AI agentsHelp your finance team prepare work and investigate exceptions, with access scoped to each entity.

Multi-currency Accounting

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All systems
Modules
General ledgerKeep transaction amounts, functional values and approval evidence together across journals, close adjustments and group reporting.Currencies and ratesKeep the source, purpose and approval behind every exchange rate, from document posting to group reporting.RevaluationRestate foreign-currency balances with clear sign conventions, item-level carrying values and independent approval.ReceivablesKeep customer balances, cash received and exchange differences clear across invoicing, collection and settlement.PayablesReview supplier bills and payment authority, then reconcile cash, withholding and exchange differences without losing the original evidence.BankingReconcile each bank account in its own currency, recognise unmatched cash and retain the evidence behind transfers and payment outcomes.Intercompany and consolidationAgree cross-entity activity, preserve each company’s books and review translation and eliminations in the group reporting currency.Period closeCoordinate close dependencies, review supporting workings and keep reporting periods separate from later postings.
Processes
Multi-currency period closeApprove reconciliations, revalue supported balances, review the close and consolidate each entity into the group reporting currency.Invoice to cash in a foreign currencyInvoice customers in their currency, record cash when it arrives, and reconcile each application with the amount owed and its current carrying value.Bill to paymentReview supplier bills, approve spending within recorded authority, and track payments, currency differences and rejected-bank attempts through to reconciliation.Revaluation runRestate foreign-currency balances with item-level workings, independent approval and a clear basis for later settlement.Intercompany to eliminationAgree intercompany transactions, post each entity in its own period, reconcile balances and review consolidation differences.Consolidation and translationTranslate entity results into the group currency, review eliminations and adjustments, and approve a reproducible consolidation.
Industries
Groups with subsidiaries abroadA parent and several subsidiaries, each with its own functional currency and calendar, consolidating monthly into one reporting currency with intercompany traffic between them.Exporters and importersA single entity that buys and sells in currencies other than its own: foreign-currency invoices and bills, currency bank accounts, realised differences on every settlement, no consolidation.Global services and software firmsConsultancies, agencies and software companies billing customers in many currencies from entities in a few, with high invoice volume, subscription and milestone billing, and recharges between entities for shared staff.Shared-service finance centresOne finance team closing many entities in many currencies on behalf of a group, with segregation by entity, one checklist per entity and one dashboard across them.
Reference
Roles and permissionsGive each person the access they need, with clear limits and independent financial approvals.Reports and dashboardsThe statements and schedules a multi-currency finance team runs on, each with what it answers and who reads it, all drawn from the same postings as the ledger.Data modelExplore the records and relationships behind your ledger, from source documents to group reporting.IntegrationsConnect your ledger to the banks, billing tools and reporting systems your finance team already uses.ImplementationMove your books with a controlled migration, a rehearsed close and a launch plan for each entity.AI agentsHelp your finance team prepare work and investigate exceptions, with access scoped to each entity.
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Pricing

No per-user fees. Pay for automation as you use it, with implementation priced separately.

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Everything included

  • Journal Entries Awaiting ApprovalPendingApproval
    Journal Entry NumberEntityDateDescription

    General ledger

    Keep transaction amounts, functional values and approval evidence together across journals, close adjustments and group reporting.

    Included
  • Today's Rates
    From CurrencyTo CurrencyRate TypeEffective Date
    Average

    Currencies and rates

    Keep the source, purpose and approval behind every exchange rate, from document posting to group reporting.

    Included
  • Revaluation Runs Awaiting ApprovalPendingApproval
    Run NumberEntityPeriodRun Date

    Revaluation

    Restate foreign-currency balances with clear sign conventions, item-level carrying values and independent approval.

    Included
  • Cash Application QueueReceived
    Payment NumberCustomerEntityPayment Date

    Receivables

    Keep customer balances, cash received and exchange differences clear across invoicing, collection and settlement.

    Included
  • My Bills to ApprovePendingApproval
    Bill NumberDocument TypeVendorEntity
    Vendor Credit

    Payables

    Review supplier bills and payment authority, then reconcile cash, withholding and exchange differences without losing the original evidence.

    Included
  • Open Bank ReconciliationsInProgress
    Reconciliation NumberBank AccountEntityPeriod

    Banking

    Reconcile each bank account in its own currency, recognise unmatched cash and retain the evidence behind transfers and payment outcomes.

    Included
  • Intercompany Awaiting My ConfirmationSubmitted
    Transaction NumberFrom EntityTo EntityType
    Recharge

    Intercompany and consolidation

    Agree cross-entity activity, preserve each company’s books and review translation and eliminations in the group reporting currency.

    Included
  • Period close
    Template CodeEntityNameCategory

    Period close

    Coordinate close dependencies, review supporting workings and keep reporting periods separate from later postings.

    Included
Roles
  • Controller
  • GL Accountant
  • Treasury Analyst
  • AP Clerk
  • AR Clerk
  • FP&A Analyst
  • Tax Specialist
  • Auditor
Processes
  • Multi-currency period close
  • Invoice to cash in a foreign currency
  • Bill to payment
  • Revaluation run
  • Intercompany to elimination
  • Consolidation and translation
Reports
  • Trial Balance
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Consolidation Worksheet
  • AR Aging
  • AP Aging
  • FX Gain and Loss Summary
  • Foreign Currency Exposure
  • Intercompany Reconciliation
  • Budget vs Actual

Rate card

machine work, prepaid

Machine work: external API-key requests, imports, workflows, agents and scheduled jobs. Successful external API-key reads and writes use the operation rates below. Starting a managed execution from the interface still starts that metered service.

Credit rate card
Machine workIncluded per $1 of credit
List/filter or get record calls20,000
Search or aggregate calls4,000
CSV or PDF exports100
Record writes4,000
Imported or synced records200,000
File upload in MB2,000
Workflow runs2,000
Code-node compute beyond included in CPU-sec12,000
Agent executions2,000
Scheduled jobs or webhook activations20,000

Read and write rates apply to successful external API-key requests. Ordinary manual work in the ERP.AI interface is $0.

prepaid creditsSmallest pack $5, purchased credits never expire.

Selected monthly operations

Estimated usage$60.00

Each selected quantity divided by its rate per dollar, then added. This is metered usage; buying a credit pack is a separate top-up.

This estimate covers these sliders only. Other operations, retained capacity and model charges are additional. Workflow runs include 5 CPU-sec each; extra code-node compute uses its own rate.

What is free

The base account and ordinary manual work in ERP.AI’s official interface are $0. Viewing, searching, creating, editing, approving, deleting and exporting records in that interface do not consume read or write credits. There is no per-user fee.

Agree the included scope and rollout work before starting.

What is metered
  • external API-key requests
  • imports
  • workflows
  • agents
  • scheduled jobs

The smallest credit pack is $5. The other one-time packs are $20 and $100. Purchased credits never expire; there is no recurring subscription or monthly minimum. Estimate usage from the finance team’s expected imports, integrations and workflow activity.

Each workflow run includes the first 5 CPU-sec. Code-node compute beyond that allowance uses the separate CPU-sec rate. Failed API results do not settle an App Builder operation charge; measured billable usage from a managed execution can still settle after cancellation or an error.

Each billing account includes 100,000 retained business records and 100 MB of managed file retention. Beyond those allowances, records cost $1 per 100,000 record-months and managed files cost $2 per logical GB-month. Retention is settled daily. Archived and Trash records still count. Shared file references count once; independent copies and saved versions count separately.

Ordinary manual work remains available at a zero balance. New metered work pauses until the billing account has enough credits. Model usage and the Proto Agent fee are described below; they are additional to the operation rates in this table. The platform pricing page carries the current full rate card and account rules.

Model usage and Agent fee

ERP-1 Fast costs $0.05 per 1 million cached input tokens, $0.25 per 1 million uncached input tokens and $0.75 per 1 million output tokens. The 8% Proto Agent fee is added to the exact model amount and shown separately on the receipt.

With an OpenRouter key, OpenRouter bills model inference directly. ERP.AI charges 8% of the exact OpenRouter-reported model cost, plus any separately metered ERP.AI resources used by the run. Usage receipts identify the model, credential source, applied rate-card version and itemized charges.

Implementation and rollout

Fitting the system to a group, migrating data and going live by entity is priced separately. Your quote reflects: entities, integrations, data volume and support level. Click Start now, then use Proto to configure your workflows and prepare the rollout.

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Pricing questions

All questions
Can entities have different year-ends?

Yes. Each entity has its own periods. Group reporting maps those periods to the consolidation calendar, and intercompany postings use a valid period for each side. The mapping and any reporting adjustments are reviewed during implementation.

Related question
Which rates does consolidation use?

The account policy selects closing, historical or transaction-date rates. An average rate is used only where it is an appropriate approximation. The run retains the applied rates and translated balances, with reviewed eliminations and translation adjustments in the group unit. Special reporting requirements are scoped and verified during implementation.

Related question
How long does implementation take?

The plan depends on your entity structure, source data, integrations and reporting deadlines. Agree the milestones after a migration assessment, then launch each entity when its reconciled opening balances and close rehearsal have been accepted.

Related question
Can our AI agent help?

An agent can be configured with its own identity, role and entity scope to prepare drafts and investigate exceptions. Approval and payment decisions remain with the assigned people. Test the permitted actions during implementation; agent and model usage are metered.

Related question
What does it cost?

There are no per-user fees for ordinary manual work in ERP.AI’s official interface. Prepaid credits cover metered services and never expire. Implementation is priced separately, and model usage and the Proto Agent fee are additional. The pricing page has the full rate card.

Related question
Can we change it after go-live?

Use Proto to configure and later change the application on a branch you review before release. Its machine work and model usage are metered.

ERP•AI workspace

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