Accounting for Import & Export
Trade in any currency, close the books in yours
Buy in dollars, sell in dinars, bank in both. Cross-border trade multiplies every bookkeeping problem by the number of currencies you touch. MyCloudBook was built for that.
Every document in its own currency
Suppliers quote in their currency and customers pay in theirs, and somewhere between the two your margin hides.
Each document carries its own currency while the books consolidate into yours, so the margin stops hiding.
- Multiple Currency — invoices and bills in the deal's own currency.
- Transfer — money moved between accounts and currencies, recorded.
- Chart of Accounts — one consistent structure under it all.
From order to arrival, documented
A shipment ordered months ago arrives in parts. Without documents, what was received and what is still owed becomes guesswork.
Purchase orders record what was requested, and bills record what arrived and what it truly cost.
- Purchase Orders — what you ordered, in writing.
- Bills & Bill Payments — what arrived and what you paid for it.
- Suppliers Statement — the running balance with every supplier.
True costs across shipments
When each shipment lands at a different price, an average hides your real margin on every sale.
FIFO values every unit at what it actually cost, and the movement history proves it.
- Inventory Tracking (FIFO) — each sale valued at its true shipment cost.
- Inventory Movement Reports — the full trail from port to customer.
- Inventory Adjustment — shrinkage and damage recorded honestly.
Both sides of the border, balanced
Distance makes disputes expensive. Numbers both parties can see end arguments before they start.
Statements and aging reports keep foreign suppliers and customers reconciled, with the paperwork attached.
- Customers & Suppliers Statements — shared numbers, fewer disputes.
- AP Aging Reports — what you owe abroad, aged by period.
- Files Attachment — shipping documents stored with their entries.
Every feature, in every plan
MyCloudBook does not sell features back to you tier by tier. Every plan includes everything, with up to 100 users. Explore the full features list.