Help us improve

Multi Currency Bank Accounts

  • KashFlow Product Manager
  • Jan 10 2017
  • Future Consideration
  • Jun 19, 2019

    Admin Response

    We currently have several candidates relating to the bank area within KashFlow (such as Open Banking) which will vastly improve your experience with KashFlow software. These first require implementation before we can look at introducing multi currency. Multi currency is an extremely large and complex job which touches all areas of the system and if we decide to implement it, we want to make sure we get it right first time. With that in mind we are implementing other improvements to the bank section and will then review multi currency bankfeeds & bank accounts again in the future. Thanks.

  • Attach files
  • Seb commented
    January 10, 2017 09:09

    Currently on a 30 day trial and just discovered no multi currency bank support. We buy everything in USD and sell significant volumes in USD and EUR so this could be a deal breaker. Please can you post an update to this and the other messages so we can understand how far away this functionality is..

  • Anonymous commented
    January 10, 2017 09:09

    Adding my vote to this one. Lack of multi-currency is a massive deficiency.

  • Chris Hinton commented
    January 10, 2017 09:09

    Any update on this? I am about to open accounts in currencies other than GBP (EUR, USD, and BTC) so as to avoid the constant non-Sterling transaction fees my bank levies. I've used Kashflow for 5 years, but this may genuinely be a dealbreaker if it can't handle me having accounts in multiple currencies.

  • Steve commented
    January 10, 2017 09:09

    How is this still not implemented after so long? Your competitors have it and it seems like such a basic option not to have. Sage One here I come.

  • Anonymous commented
    January 10, 2017 09:09

    We are looking at using an alternative after 3 years of loving Kashflow - unfortunate they haven't provided any update on this at all in 2016

  • Stuart commented
    January 10, 2017 09:09

    We are using Ethereum and Factom tokens for our business, but there is no place to account for them in Kashflow. Multi Currency Bank Accounts would solve this problem. Any update on this? We need to find a solution by end of the tax year.

  • Anonymous commented
    January 10, 2017 09:09

    Any update on this? As I am now trading in different countries this is a must for my business! I would like the ability to have bank accounts in multiple currencies and then transfer between my accounts with an exchange rate that I set per transfer.

  • Jackie commented
    January 10, 2017 09:09

    I can invoice in a choice of currencies but the statements always revert to GBP which is frustrating. With the current fluctuating exchange rate I have to alter this every day to get a true price..

  • Lyn Tupper commented
    January 10, 2017 09:09

    I find it incredible that this has not been resolved. Half way through 2016 and still no further update. How can you expect your users to recommend a product that does not handle the needs of businesses that work in more than one currency and more importantly is so slow to respond to customers needs.

  • Anonymous commented
    January 10, 2017 09:09

    Well, after discovering this problem within our account and now finding that this has actually been noted and commented on for the past few years(!), I can see that there is no hope for any quick action on this! Looks like it's time to find an alternative solution and stop using Kashflow - this is not the only issue we have had with Kashflow - you guys are unacceptably slow in sorting issues out...

  • Dariush Zand commented
    January 10, 2017 09:09

    Must have feature for my businesses. The simplicity of Kashflow is a huge plus, but without this feature I may have to look at alternatives. Willing to pay an additional premium for full multi-currency support, so please do get coding guys! Thanks

  • Joe Euro Trader commented
    January 10, 2017 09:09

    I signed up to Kashflow with the promise that it was very close to having multi-currency, that was 2 years ago. what are you doing to help clients that trade with SEPA / EEA... Not a lot, time to change to Xero I think !

  • Anonymous commented
    January 10, 2017 09:09

    Unti this is implemented, can you give all users a free subscription for each alternative currency they use?

  • Andy Betts commented
    January 10, 2017 09:09

    This is simply a must

  • Fran commented
    January 10, 2017 09:09

    I truly need a multicurrency bank option for my bookkeeping so most of my clients are abroad and I need to invoice to them in other currencies. Xero, Zoho books, have the option and similar prices to KashFlow so... there is a pressure.

  • Peter Miller Smith commented
    January 10, 2017 09:09

    Hi, I am very frustrated that there is still no movement on this feature or even the promise of a date. With world trade the norm, even a small business needs multi currency. In a previous life I ran a team of 50+ developers and consultants in ERP software and enabling multi-currency ain't that challenging if you design it right.

  • Julie commented
    January 10, 2017 09:09

    We are new to Kashflow from SAGE and the issue with not being able to handle multi currency bank accounts is a problem. I have been told that they are working on it but looking at the comment below about raising the issue in 2010 does not give me confidence that it will be resolved any time soon. I would have hoped that being a multi currency platform would have been more of a priority. We as a business are trying to increase trade for the UK with other EU and International countries and having banking issues does not give confidence to our suppliers and customers.

  • Carl-Johan commented
    January 10, 2017 09:09

    Hi, Is there any update on this? Knowing you've been aware of this since I mentioned it first back in 2010 it would be great if it could finally be given some consideration. Given the number of votes here it seems to be requested by more users than myself. I understand it's not a priority but five years is also a very long time. We invoice in GBP, USD, EUR. It's today impossible to generate statements in anything but GDP. Will take a look at Xero as well, thanks for the recommendation.

  • Richard commented
    January 10, 2017 09:09

    My current problem:

    Main currency of operation = Euros
    Most purchasing made in Hungary in Forints.

    It would be great to have a petty cash account in Forint

    Solution, enable me to have more than one account in another currency.

  • KashFlow Product Manager commented
    January 10, 2017 09:09

    Hi Phil,

    Sorry to hear that. We are currently prioritising work in other areas of the app at the moment, unfortunately there is no progress to report on multi-currency but we are aware of the need for such functionality.

    Kind regards

  • Philip Caplan commented
    January 10, 2017 09:09

    Some of our clients are experiencing difficulties with the absence of multi currency bank accounts. As a result we have had to direct some of them onto Xero. It is a great shame to have to do this but.....

  • Anonymous commented
    January 10, 2017 09:09

    You have been dragging your feet on this for too long, Maybe you should speak to XERO ?!?!

  • KashFlow Product Manager commented
    January 10, 2017 09:09

    Hi Ben,

    You can currently manage Euro payments within KashFlow, what we cannot currently offer are multiple currencies within the same KashFlow account. If you do trade in Euros you can use this currency if you wish.



  • Ben commented
    January 10, 2017 09:09

    Can anyone suggest an interim solution to managing Euro payments until Multi Currency is fully functional?

  • Joanna commented
    January 10, 2017 09:09

    Do you know when this will be implemented? It would be hugely beneficial to have multiple currency bank accounts that can be linked together with payment transfers back to GBP etc.

  • Simon Jones commented
    January 10, 2017 09:09

    This would be a very beneficial functionality for anyone who does business outside the UK - like me...

  • Jose Manuel Senaris commented
    January 10, 2017 09:09

    I too sell abroad and thus can't send out invoices in euros. Fustrating

  • Martin Woods commented
    February 02, 2017 11:46

    Just to add a further vote for this functionality. Like many others this is a very important feature for modern businesses. Having the ability to have additional bank accounts in another additional currency is at the top of our list right now. Would happily pay more for this feature...

  • Philip Caplan commented
    February 06, 2017 13:53

    As a firm of Chartered Accountants and Kashflow users for many years, we have had to put clients with a multi currency requirement onto QBonline, a great shame. 

  • Peter Miller Smith commented
    February 06, 2017 14:17

    So now the status of this request is 'acknowledged'. What does that mean in terms of progress?

  • Helen Dargie commented
    February 07, 2017 08:13

    I dont think this will ever happen and will be switching to Xero or QB in next 6 weeks.

    ive been fobbed off every time i ask on the basis that its a big job. Big but vital and i first raised it 2 years ago. 

  • Julie Relf commented
    February 24, 2017 16:33

    Another cry out for this! We love KashFlow for our clients but the lack of Euro account means we are going to have to use another supplier for some!

  • Guest commented
    March 03, 2017 16:39

  • Tayo Ademolu commented
    April 03, 2017 12:17

    I remember asking for this a few years ago. Disappointed to see that it has still not been implemented.

  • Talha Khalid commented
    April 07, 2017 11:15

    Adding my vote to this one. Lack of multi-currency is a massive deficiency.thinking to move to quick books who offer same feature and at low price.

  • Mark Allen commented
    May 06, 2017 07:57

    We're getting desperate for this now. The admin response says that you hope to have news in 2016. It's now nearly half way through 2017.

    Please, at the very least, keep updates coming. This idea looks dead and that nothing is happening - which I'm starting to believe is the case.

  • Chris Kennett commented
    August 09, 2017 15:16

    @Mark Allan
    I'd say it's beyond looking dead now... There are a number of suggestions on here that I created some 3-4 years ago on the old Kashflow User Voice system, that was replaced by Canvass. This is one example of my suggestion, directly copied over to Canvass, but obviously I lose credit for it as it simply assigned to 'Kashflow Product Manager'.

    I wouldn't hold your breath on this, or multi user access, or multiple customer contacts... all my suggestions, all still pending 4 years later.

    We are actively looking at alternatives to Kashflow now.

  • Ernesto Jimenez commented
    August 26, 2017 19:01

    I'm moving to Xero if cant have Banks in different currencies and add payments in other currencies.

  • Calba AFT commented
    September 25, 2017 13:54

    Unless we hear an update on multi-currency in the next month, we will be joining the ranks moving elsewhere. It will be a pain to migrate all our data but it's pretty bad from Kashflow they "hope to have news... in 2016", with zero updates since. What kind of product development "plan" is that?

  • Jon Cohen commented
    November 09, 2017 16:18

    Still no progress on this ? Very poor and a price increase too

  • Seb Bettley commented
    November 24, 2017 19:09

    We are nearly at the end of 2017 and this topic has not been updated recently. How far away is multi currently bank accounts?

  • Seb Bettley commented
    November 24, 2017 19:11

    We are nearly at the end of 2017 and this topic has not been updated recently. How far away is the multi currency bank account functionality from being released?

  • Stuart commented
    November 28, 2017 04:33

    When you add Multi Currency support, please add the option to have currencies with extended decimal places.  This will allow for cryprocurrenies like Ethereum, which has 18 decimal places.  HMRC taxes them like any other currency, so it's important to account for them.

  • Stuart commented
    February 09, 2018 15:34

    I just spoke to Kashflow support.  They have not even started development yet.

  • Anonymous commented
    February 21, 2018 12:50

    You response above states "news in ... 2016" - any updates?

  • Clive Keyte commented
    April 09, 2018 12:17

    It would be good to have an update on this. We have recently opened a USD account and have no way of tracking invoice payments in Kashflow.

  • Samantha Davies commented
    May 03, 2018 10:35

    It seems crazy that we can select to input purchases in a foreign currency but can't send a remittance advice to those same suppliers in that currency - very frustrating that everything is immediately converted to GBP.  And to not have the facility to have our euro bank account actually showing in Euros.  This needs URGENT attention.  At the time of posting - May 18 - the most recent Admin response acknowledging this is an  issue was JAN 2017 - not good enough!

  • Craig Jamieson commented
    May 04, 2018 13:46

    Can we get an update on this, we requested this well over a year ago.

    or should I start to look to migrate away from Kashflow to a solution which does have this as it's a deal breaker as we need to deal in £, $ and €


  • Peter Miller Smith commented
    May 10, 2018 11:54

    We are nearly half way through 2018 and the response from Kashflow above does not fill me with confidence that we are going to get this functionality in any reasonable time. I think the powers that be at Kashflow should make a statement as to the user base as to when, if ever, this functionality is to be incorporated. Small companies deal internationally too! 

  • Nick Dawson commented
    May 15, 2018 15:01

    Love Kashflow however going to need to move if i cant have a US $ bank account. Really hope something can be done

  • KIRIL KAaa commented
    June 11, 2018 13:23

    We also need GBP, EUR and USD account!

  • Guest commented
    August 21, 2018 10:33

    Come on guys, get it together. You're falling short of the opposition.

  • Luke commented
    October 23, 2018 18:15

    "......have news on Multi Currency in 2016."

    Its now nearly the end of 2018 !!

  • Richard Wright commented
    October 24, 2018 21:00

    Any news on this yet, seeing as you were supposed to have news on it in 2016?? This is about the only thing stopping us from going for Kashflow at the moment, but it's a deal breaker.

  • Sergio Martin commented
    December 11, 2018 15:03

    Absolutely necessary right now in a software as Kashflow. Hope you improve this soon! 

  • Julie Aitken commented
    December 14, 2018 13:44

    Whilst you can raise invoices in USD the payment will only register GBP, difficult to reconcile when operating an USD bank account.  Surely it must be possible for Kashflow to finish the job, part way there with producing invoices in USD's, needs to be done quickly or we will have to move to another system

  • Ali commented
    January 03, 2019 14:29

    Hi  after seeing your feedback on October 26th 2018 that you were actively looking into this and would feedback towards end of the year, can you now let us know if you are able to work with multi currency bank accounts?


  • Andy Morgan commented
    January 15, 2019 06:10

    To add to the anguished cries ... and to see another year pass with no reply from kashflow.... why no multicurrency support.

    I have been with kashflow since day (Duane’s startup days!)

    we now have multiple shops and will have to defect - such a shame and really annoying!


  • Guest commented
    January 30, 2019 14:57

    at the moment your poor accountants have to manually send our invoices out in USD and EUR each month, come on guys, please get this sorted!

  • Peter Miller Smith commented
    February 20, 2019 15:06

    About time too! The 'end of the year' has passed so it would be very welcome indeed to hear the "what and when". We really do need this implemented asap.

  • Alistair Warwick commented
    February 20, 2019 15:43

    Thanks for changing this status to "Planned".

  • Nick Dawson commented
    February 20, 2019 15:43

    I am about to switch to another provider who has the feature – can you tell me when when you expect this in Kashflow as I would prefer to stay put if possible

  • J Narain commented
    February 21, 2019 10:19

    They took to long.  This is kash flow all over. Way to slow to even respond. 2 years later they changed it to planned! lol! madness 

  • ali grief commented
    February 21, 2019 11:19

    Ahh that’s a shame, we have had to seek an alternative system due to this. What is the development time?


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  • Admin
    Julie Shepherd commented
    February 22, 2019 15:44

    Hi, we are hoping to introduce Multi Currency Bank Accounts by late 2019. although this may be subject to change.

  • Stuart commented
    February 22, 2019 16:39

    @Julie Shepherd 


    Please can you ask the dev team to include the option to define how many decimal places a currency has.  Cryptocurrencies can have up to 18 (although 10 should be enough).  HMRC have published guidelines on how they are treated.


  • Anonymous commented
    February 23, 2019 18:32

    Not sure that will be great enough for us, already looking at moving. 

  • Rafal Tomaszewski commented
    March 06, 2019 17:22

    This is unacceptable that the feature multicurrency for bank feeds is not yet incorporated. This is a very simple task to do.

  • David Pattinson commented
    April 01, 2019 08:52

    Will be acting on behalf of a client that deals mostly with the USA and EU and has multi-currencies bank accounts, if Kasflow does not implement this feature soon, VAT returns will show incorrect Nett figures when submitting them through MTD, and businesses will not be able to use this software when MTD for income/corporation tax is mandatory. Please consider improving your software so that more business will use it.

  • Kelson Campbell commented
    May 13, 2019 09:30

    I also need some currencies that are not on the system Bosnian Mark being the key one, can this be added to my list of currencies ?

  • Peter Miller Smith commented
    June 01, 2019 10:32

    "Hi, we are hoping to introduce Multi Currency Bank Accounts by late 2019. although this may be subject to change." So how are you getting on with the planning of this. Are you confident late 2019 will be achieved?

  • Peter Miller Smith commented
    June 01, 2019 10:35

    The latest post from Kashflow on this much requested enhancement was "Hi, we are hoping to introduce Multi Currency Bank Accounts by late 2019. although this may be subject to change." So Kashflow peeps can you update us on the current position and whether late 2019 is, in fact, achievable? 

  • Katharina Sailer commented
    June 19, 2019 12:54

    Can you please explain what you mean with ���future consideration���? We are waiting for an update from you on this since end 2018. (���We are currently actively investigating how we can implement this feature into KashFlow and we will provide a further update towards the end of the year.��� Admin response 26 Oct 2018.)

  • Steve commented
    June 19, 2019 13:03

    You just changed the status to future consideration??? You are supposed to be introducing this feature by the late 2019 as you stated below. How can you be considering it if you already planned to implement it? 

  • Peter Miller Smith commented
    June 19, 2019 13:16

    What does 'Future Consideration' actually mean. Do I detect that this feature is being kicked down the road yet again? Given the number of votes on this shouldn't there be a more detailed explanation of KashFlow's position on this.  

  • Anonymous commented
    June 19, 2019 13:39

    Excellent - I hope this turns into reality!

  • Jon Cohen commented
    June 19, 2019 14:32

    We have been voting on this for years it is clearly too difficult - time to move to xero

  • M W commented
    June 19, 2019 15:00

    I won't lie that's very disappointing. We all thought this was on the roadmap, now it'll be years if every... 

    I think we all appreciate that this is a big job, but the priority must be at the top of new features - this is a basic requirement from so many business in 2019