“If you're using Zoho Books for a business that invoices international customers, I would pay particular attention to three areas:”
+ multi-currency invoicing
“Zoho Books handles multi-currency invoicing by allowing you to issue invoices in foreign currencies while maintaining your company's accounting records and financial reports in one base currency.”
+ exchange-rate difference reporting
“This is one of its most useful features. Zoho Books provides two key currency reports.”
+ realised and unrealised FX gain/loss tracking
“It also tracks exchange-rate differences, separating them into realised and unrealised foreign exchange gains or losses.”
+ automatic exchange rates
“Use automatically fetched exchange rates or enter rates manually.”
+ base currency adjustment
“There is also a feature called Base Currency Adjustment.”
− advanced multi-currency capabilities depend on subscription plan and country edition
“Some advanced multi-currency capabilities depend on the Zoho Books subscription plan and country edition.”
− unrealised gain/loss report does not post accounting adjustments
“Generating the report does not, by itself, mean that the accounting adjustment has been posted.”