Importers and exporters
Accounting software for import and export businesses: multi-currency
Buy in euros, sell in US or Canadian dollars. Customers and suppliers can each have their own currency, invoices and bills are entered in it, and the books post in your home currency at the rate on the date.
For small importers, exporters and trading companies in the US and Canada, $399.99 once, with 15 currencies built in.
No card, no account. Windows 10 and 11. United States and Canada.
What it means
In practice
Documents in their currency
A supplier set up in EUR gets bills in EUR; a customer in GBP gets invoices in GBP. The rate defaults from your dated rate table and can be changed per document.
Exchange gains and losses worked out
Pay a bill or receive a payment at a different rate than it was booked at, and the difference posts as a realized exchange gain or loss.
Foreign accounts and month-end
Keep a USD or EUR bank account with its own native balance. At period-end, FX Revaluation restates open foreign receivables and payables at the current rate.
Invoices in the customer's currency.
One set of books, whatever currency the invoice is in
The supplier's bill comes in euros and you pay it a month later from a euro account. AcboBooks tracks what you owe in euros, what it cost you in dollars, and the gain or loss in between.
Freight, customs brokerage and duty go on their own bills to their own accounts, so your landed costs show clearly on the P&L.
What is in the licence
The whole job, in one price
Currencies
Buying abroad
Selling abroad
Period-end
Exchange gains and losses on the P&L.
What it does not do
· Exchange rates are entered in the rate table; they are not downloaded automatically.
· No landed-cost allocation across items and no customs or HS-code documents.
· Windows 10 and 11 for now (a Mac version is coming soon); no phone app.
· It imports your bank's statement file rather than connecting live to the bank.
Questions people ask
Before you download
Which currencies are supported?
USD, CAD, EUR, GBP, AUD, JPY, CHF, CNY, INR, MXN, NZD, SGD, HKD, SEK and ZAR, with USD or CAD as the home currency.
Where do the exchange rates come from?
You enter them by date in the exchange-rate table, from your bank or a published source. The latest rate on or before a document's date is used by default.
Can I hold a bank account in another currency?
Yes. Mark the account's currency in the chart of accounts; AcboBooks keeps its balance in that currency alongside the home-currency value.
How are freight and duty handled?
Enter the freight forwarder's and customs broker's bills to cost accounts. There is no automatic spreading of those costs across the items in a shipment.
Coming from something else?
How it compares to what you use now
Get started
Trade in any of 15 currencies.
Set up a foreign supplier in the trial and pay a bill at a new rate.
No card. No account. Nothing to cancel.