Dollars, euros, won and yen in one ledger

If you pay for software abroad or work with clients in other countries, your invoices come in several currencies and languages. Paidwhere reads them all and lines them up in one currency.

Reads the invoice’s own language

Korean, Japanese and French invoices are read the same way as English ones: their own labels for subtotal, VAT or consumption tax, and total go into the same subtotal, tax and total columns.

Converted on the invoice date

Amounts are converted with European Central Bank reference rates for the invoice date (weekends and holidays use the previous business day). If your home currency is the Korean won, you can use the Korea Eximbank base rate instead with a free API key. The original amount, currency, rate and its source are kept next to the converted amount.

Or use what your card charged

Your card statement often differs from any reference rate because of the bank’s rate and fees. Enter the charged amount on an invoice and Paidwhere uses it instead of the conversion, marked as charged.

Search in either currency

Ask for “₩60,000” or “$43” and Paidwhere finds the same invoice, labeling the converted match as close rather than exact.

Questions

Which rate should I use for taxes?
That depends on where you file and your situation; ask your accountant. Paidwhere keeps the original amount, the rate and the charged amount side by side so you can use whichever they ask for. See the guide on converting foreign-currency invoices for what official sources say.

Invoices that file themselves

Paidwhere for Mac and Windows reads invoices on your computer and files them into year/month folders with a ledger. Coming soon.