Multiple currencies in every single Journal entry
No more complex entries to manage transfers between funds or bank accounts. Eleven’s General Ledger simplifies your transactions, allowing you to choose currencies in every Journal entry line.
Extended support for monetary and non-monetary accounts
For Balance Sheet accounts, you can define whether they are monetary or non-monetary (Investments, Accruals, Deposits, Advances, etc).
Smooth gains and losses calculation and reporting
Eleven will calculate realized & unrealized gains and losses automatically and generate a proper supporting entry with the full details of the calculations for each Journal entry line.
Immaculate transaction accuracy
Eleven records transactions in foreign currencies to specific Journals arranged per currency. This way, all balances and values are always properly calculated and maintained.
Flexible reporting and data visualisation
All statutory reports include transactions in FX, recorded in specific columns and rows. You can analyse or hide them to display base amounts only.
Multiple exchange rates options
In each Journal entry line, you can enter an FX rate manually by applying pre-defined rates, or use Eleven to get rates automatically. You can also overwrite calculated base amounts.