HedgeFlows blog posts | Accounting for FX

Accounting for FX

Efficient currency management for Accountants and their clients

Small and Medium-Sized Enterprises (SMEs) are increasingly venturing into international trade. However, navigating foreign markets can be daunting, leading to unexpected costs and risks. Many SMEs...

Aug 4, 2023 10:18:01 AM

Currency costs, Accounting for FX

Foreign currency gains and losses in Xero explained

Whenever you do business with overseas suppliers or buyers, you will likely buy or sell goods or services in foreign currencies. Such foreign invoices and payments usually result in a real financial...

Mar 2, 2023 9:29:00 AM

Currency costs, Accounting for FX

The cost of doing business across borders

Few small businesses and their accountants proactively manage the costs of doing business internationally. Some turn to fintechs such as Wise, WorldFirst and Airwallex to reduce the costs of...

Nov 10, 2022 6:18:16 PM

Currency risks, Currency costs, Accounting for FX

Sell worldwide and keep the predictability of trading in Pounds Sterling

Everyone in international trade prefers to stick to doing business in their currency. However, when buyers and sellers are from different countries, someone usually has to give in. Usually, it is a...

Oct 25, 2022 6:02:44 AM

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Efficient currency management for Accountants and their clients

Foreign currency gains and losses in Xero explained

The cost of doing business across borders

Sell worldwide and keep the predictability of trading in Pounds Sterling

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