Multicurrency accounting
Work with transaction and home currencies, supported exchange-rate lookups and currency-aware commercial documents without confusing foreign exchange with bank connectivity.
These guides describe the shared FOR:CEO company engine. FOR:AGENT uses MCP for supported operations; examples involving browser forms refer to the included FOR:CEO human workspace. Check live capabilities and authorization before an agent runs a task.
Keep the document currency visible
A customer invoice or supplier bill may be denominated in a different currency from the company's books. The workflow needs the correct customer or vendor currency, document amount and applicable exchange-rate context. Currency-aware price rules avoid applying a base price from the wrong currency just because the product code matches.
Separate exchange rates from bank services
Supported exchange-rate lookups and reporting help interpret foreign-currency balances in home-currency terms. The native accounting engine and a connected accounting platform have their own supported currency rules. FOR:EXCHANGE, despite its name, is the bank-connection and transaction-processing capability; it is not a currency brokerage or a service that trades money for you.
What to know before you start
Currency availability and accounting behavior depend on the platform and company setup. Reference exchange rates are not a bank's executable conversion quote or a guarantee of the settlement amount.
Practical questions
Is FOR:EXCHANGE the multicurrency module?
No. FOR:EXCHANGE connects bank accounts and supports bank-transaction workflows. Multicurrency accounting is a separate financial capability.
Can I use the same numeric price for every currency?
Configure prices and rules in the intended currency. A matching product alone does not make a foreign-currency price appropriate.
Continue the workflow
Price lists and customer discounts
Set fixed or percentage sales rules with customer and group precedence, currency and quantity context, while preserving the price agreed on an existing order.
Bank connections
Connect eligible US and European bank accounts, read imported movements and choose how each account participates in the accounting workflow with FOR:EXCHANGE.
Balance sheet and profit and loss
Review the company's financial position and period results using available statement reports, with account classifications and source transactions behind the totals.