One Ledger in Rupees. One Bank Statement in Dollars. Kosh AI Checks Whether the Conversion Actually Matches
A transaction that crosses currencies picks up a second way to go wrong: the rate. Kosh AI checks the amount and the rate separately instead of blending them into one number.
The same transaction can be booked at the rate on the transaction date and settled at the rate on the payment date. Kosh AI checks both legs separately.
A gain or loss that's already settled is a different accounting entry from one that only exists because the rate moved before period-end.
A revaluation journal should tie back to the exact open balances it was calculated on. Kosh AI verifies that connection instead of assuming it.
Money leaving one entity's currency should arrive at another's with the conversion accounted for, not just the raw amount.
Once transactions tie out in their original and converted currencies, a group-wide FX position should take minutes to assemble.
Four steps take a transaction from two mismatched currency entries to a fully explained match, rate and amount checked separately.
A company billing in two currencies and one running a group across a dozen subsidiaries both need the same rate-and-amount check, just at a different scale.
Revenue collected in a customer's currency reconciles against the home-currency ledger.
Each subsidiary reconciles in its own currency, then rolls into one group view.
Cross-currency transfers get checked on both the sending and receiving side.
Opening a new currency corridor doesn't mean someone has to build its reconciliation steps from scratch first.
Marketplace payouts in local currencies reconcile against the home-currency ledger automatically.
Subscription revenue collected in multiple currencies ties out without a manual FX adjustment.
Supplier payments and customer receipts reconcile across currency pairs on both ends.
High-volume FX transactions reconcile at the transaction level, not a daily net figure.
Kosh AI reconciles transactions across dozens of currency pairs without manual spreadsheet work.
A two-person international finance team gets FX-level matching without hiring a dedicated treasury analyst.
A ledger that balances in one currency doesn't mean it balances in the other. Automating the match changes what actually happens at close.
Every mismatch gets classified as a rate difference, a timing gap, or a genuine error.
Settled gains and losses are tracked distinctly from open, revalued positions.
An entry that doesn't tie back to its source balance is flagged before the close is approved.
Cross-currency transfers are checked on both the sending and receiving side.
Every currency's position reconciles into one view instead of a spreadsheet per subsidiary.
Expanding into a new market's currency is a configuration change, not a reason to grow the treasury headcount.
Kosh AI connects directly with all major banks and ERPs, enabling real-time data sync for faster, more accurate reconciliations—no manual uploads, no delays.
A converted balance that looks close to the ledger can still hide transactions that are badly off in opposite directions once the rate is factored in. Here's what a dedicated reconciliation step catches that a top-line comparison won't.
Operating in more than one currency is enough on its own. Here's who tends to feel the gap first.
Each currency's transactions need their own rate check before they roll into one group view.
Every entity's currency position needs reconciling before group consolidation.
Transfers between currencies need checking on both ends, not just where they landed.
Supplier and customer payments in foreign currency need tracking accurately over time.
Realized and unrealized FX movements need separating correctly for each reporting standard.
Opening a new currency corridor is a setup step inside the same tool, not a reason to build a new manual process.
This tool handles the mechanical side of FX reconciliation well. Setting the actual rate and revaluation policy it follows is still a finance decision, not something it makes for you.
No more trusting a converted total that can hide rate errors underneath.
Settled gains and losses get classified differently from positions that are still open.
Rate sources and rounding tolerances need to be configured correctly before matching runs well.
Matching works best when bank and ERP exports carry the original transaction currency consistently.
Multi-currency reconciliation software matches transactions that were booked, converted, or settled in more than one currency, checking the amount and the exchange rate behind any gap instead of writing off a difference as rounding. A group running several international entities ends up with transactions, revaluations, and transfers happening across currencies at once, and a converted balance that looks close to the ledger can still be hiding entries that are badly wrong in opposite directions. Kosh AI pulls in transactions, rate sources, and revaluation journals automatically, matches them at the transaction level, and separates genuine FX movement from an entry that simply needs correcting.
Run one FX close through a manual tie-out, then compare it to a close that checks the rate and the amount on every transaction automatically. The gap between the two shows up fast.
| Feature | Automated Multi-Currency Reconciliation | Manual Multi-Currency Reconciliation |
|---|---|---|
| Rate-Level Matching | Every transaction matched in both original and converted currency. | Teams usually compare converted totals, not individual transactions. |
| Realized vs. Unrealized | Settled and open FX positions separated automatically. | Many teams book both the same way unless someone happens to dig into the detail. |
| Revaluation Accuracy | Revaluation journals checked against the balances they were calculated on. | Revaluation errors are often caught only when an auditor asks. |
| Multi-Entity Coverage | A controller opens one view and sees every entity's currency exposure reconciled together. | Getting that same picture usually means pulling five separate currency templates into one sheet by hand. |
| Transfer Tracking | Cross-currency transfers checked on both the sending and receiving end. | A transfer mismatch is often caught only at the receiving entity. |
| Adding New Currencies | Switching on a new currency pair takes the same setup steps as the ones already running. | Supporting a new currency pair usually means someone extends last year's spreadsheet macro by hand. |
Connect your ERP and banking rails inside Kosh AI, and the next FX transaction starts reconciling against the ledger automatically.
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Bring a recent multi-currency statement to the call. We'll walk through it live and separate the rate movement from the lines that actually need fixing.
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