How-To Guides22 min read
How to Handle Multi-Currency Invoicing and Lock Exchange Rates
Multi-currency invoicing often breaks in operations before it breaks in finance. If your team cannot explain, for a given invoice, when the exchange rate was chosen, whether funds were converted or held, and how that decision reached the ledger, the risk is already operational. Foreign exchange risk is the potential for losses from exchange-rate movements, and in practice it can show up as higher costs, lower sales value, cash flow surprises, slower settlements, and harder reconciliation.
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