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Multi-Currency Accounting

Multi-Currency Accounting · FX Gains/Losses Across 20+ Currencies

Trade companies typically hold accounts in multiple currencies — USD, EUR, HKD, GBP, JPY — and exchange-rate swings affect real profit every day. SBK comes with 20+ major currencies built in, syncs Bank of China mid-rates automatically each day, records orders and invoices in their original currency, converts financial reports to the base currency (CNY), and accrues FX gains and losses to the corresponding orders automatically.

20+
Supported Currencies
2
Views (Original / Base Currency)
1
Daily Rate Refresh
Capabilities

A Complete Multi-Currency Accounting Toolkit

Currency library + rate sync + conversion strategy + gain/loss accrual

💱 20+ Major Currencies

USD / EUR / GBP / JPY / HKD / AUD / CAD / SGD / KRW / RUB / INR and more, covering 95% of foreign-trade scenarios

🔄 Daily Automatic Rate Sync

Synced from Bank of China mid-rates at 9 a.m. every business day; on holidays the previous day's rate applies

📜 Multi-Strategy Conversion

Choose from booking-date, receipt-date, shipment-date or month-end conversion strategies, compliant with accounting standards

💰 Automatic FX Gain/Loss Accrual

The difference between the receipt-date rate and the booking rate auto-calculates FX gains/losses, allocated to the right orders and customers

📊 Dual Base-Currency View

Switch any report between "original currency / base currency / dual-view comparison" to see your FX risk exposure

📈 Multi-Currency Profit Dashboard

Compare original-currency profit with real profit after FX to see how rate swings actually affect earnings

trade.shangbangke.com/fx/ratesSynced
R
Daily Rate Sync
HistoryAdjust

BOC mid-rates (synced 2026-04-18 09:00)

PairMid-Ratevs Yesterday
USD/CNY7.1800+0.05%
EUR/CNY7.8390-0.12%
GBP/CNY9.1240+0.08%
JPY/CNY0.04760.00%

Daily Rate Sync — No More Manually Checking the Bank

Finance used to start the day by logging in to the Bank of China website for the USD / EUR mid-rate, then updating a rate table in Excel. SBK connects directly to the Bank of China FX-rate API, syncing automatically at 9 a.m. every business day — with the previous day's rate on holidays and all currencies updated in one click.

  • Direct API connection to Bank of China mid-rates
  • Automatic sync at 9 a.m. every business day
  • Historical rate curves for evidence-based finance reviews
  • Supports manual adjustment with audit trails
trade.shangbangke.com/fx/gain-lossFX P&L
G
FX Gains/Losses by Order
AccrueAllocate
6.8000Booking Rate
7.2000Receipt Rate
+¥38,400FX Gain

FX gains/losses allocated by order

OrderAmountFX P&L
SO-2026-0418$96,000+¥38,400
SO-2026-0402€45,000-¥5,400
SO-2026-0391$32,000+¥12,800

FX Gains/Losses Allocated to Orders, So Owners See Real Profit

Booked at USD 6.8 in April, collected at USD 7.2 in June — a floating gain of CNY 4,000 per USD 10,000. Should this FX gain sit in company profit, or be allocated to the order to reflect the salesperson's true contribution? SBK allocates FX gains/losses by order automatically, so a salesperson's real performance adds up.

  • Auto-calculate the difference between booking rate and receipt rate
  • Allocate FX gains/losses by order
  • Salesperson performance reflects their true contribution
  • Uniform month-end accrual for unsettled orders
trade.shangbangke.com/fx/exposureExposure
E
Multi-Currency Exposure
Lock RateHedge

Net exposure by currency (CNY equiv.)

3.58MUSD
1.57MEUR
480KJPY
320KGBP
CcyReceivableBank BalExposure
USD$320K$180KHigh
EUR€120K€80KMed

Visualize Multi-Currency Risk Exposure

USD 500K, EUR 200K, JPY 10M on the books — if the dollar drops 3% one day, how much do you lose on paper? Which currencies should the owner lock, and how much, to hedge? SBK's multi-currency exposure dashboard aggregates all unsettled orders, receivables and bank balances by currency, making exposure risk crystal clear.

  • Aggregate receivables / payables / bank balances by currency
  • Rank net exposure by currency
  • Visualize historical rate volatility
  • Record locked-rate transactions
Use Cases

Multi-Currency in Action

Floating gain during a euro rally

Booked at EUR 7.4 in March, collected at EUR 7.65 in May — a floating gain of CNY 2,500 per EUR 10,000, auto-allocated to order profit.

Dollar-decline alert triggers early settlement

The system warns the dollar keeps sliding and is expected to drop another 1.5% this month; finance advises the owner to settle and lock the rate on USD 500K early.

JPY quote vs. USD quote comparison

A Japanese customer accepts either JPY or USD; the salesperson switches currencies to calculate the base-currency profit of both quotes in real time and offers the higher one.

Year-end conversion for cross-year orders

Contract signed in December, payment received in January; unsettled orders are converted at the year-end rate on Dec 31, accruing gains/losses per accounting standards.

Related Features

Multi-Currency Runs Through the Whole Chain

From quotation to settlement to tax rebate, multi-currency is everywhere

Try Multi-Currency Accounting Now

Sign up to explore daily rate sync and automatic FX gain/loss accrual for free