Record transactions in 25 currencies

Transact and report in more than 25 currencies with up-to-date exchange rates.

Record transactions in 25 currencies

Transact and report in more than 25 currencies with up-to-date exchange rates.

Handle multiple currency in a single Journal Entry

We have designed Eleven so that there can be a currency per Journal Entry Line. This greatly simplifies transactions and ensures that users do not have complex entries to manage transfers between funds or bank accounts.

Monetary and non-monetary

Define for relevant Balance Sheet accounts if they are monetary or non monetary and also if the reporting of the unrealised gain/(loss) has to be on the Profit and Loss or disclosed in the Balance Sheet (securities).

Specific journals per currency

Foreign currency transactions are stored in specific per currency journals ensuring the balances and values are properly calculated and maintained.

Reporting

All statutory reports include the transactions in FX in specific columns and rows. Those can be hidden if needed to only display base amounts.

Multiple exchange rates options

Users are able to enter an FX rate table or use Eleven to automatically get rates. Users are also able to override the calculated Base amount directly in the journal entry line.

Accounting Features for Professional Accountants

Eleven supports accounting practices to remove repetitive, low-value tasks and liberate accountants with increased efficiency and productivity.

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