Feature

Automatic Currency Conversion

Aug 23, 2016

If you freelance for international clients and invoice them across multiple currencies, you know how much of an inconvenience currency conversion can be. When all you want to see is your income in your native currency, most services require you to either manually convert invoices or view each currency separately. We knew we could improve this and bring more peace of mind to your day-to-day, so we did. Today, I’m excited to introduce automatic currency conversion!

In the budget graph, Cushion will now convert any currencies that differ from your timeline's currency, based on historical exchange rates. If your financial goals are in Euro, but you have a few British clients, Cushion will automatically convert those amounts to Euro without skipping a beat.

For project estimates and unpaid invoices, Cushion uses today’s exchange rates, so your converted amounts are always up-to-date. For paid invoices, Cushion retrieves the exchange rate from the date you were paid to maintain accuracy. We focused a lot on making this as fast as possible, so you won’t even notice a difference in speed.

When viewing an invoice, Cushion automatically displays the converted amount, too. Instead of inaccurately estimating or taking the time to look up the exchange rate, Cushion will calculate everything for you. Your days of manually converting currencies are over!

We couldn't be more excited to finally launch this feature. We plan to extend multiple currencies and automatic conversion to expenses as well, so keep an eye out for more updates!

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  1. Summary Stats
    Feature
  2. Drag & Drop Lists
    Feature
  3. Invoices Due Today
    Feature
  4. Draft Invoices
    Feature
  5. Inline Forms
    Feature
  6. Time-Tracking Beta
    Feature
  7. Endless Scrolling & Zooming
    Feature
  8. Sending Invoices
    Feature
  9. Stripe Beta
    Announcement
  10. Invoice Logos
    Feature
  11. Streamlined Workflows
    Feature
  12. Monthly Income Goals
    Feature
  13. Moonlighter Plan
    Announcement
  14. October 2016 Roundup
    Roundup
  15. Auto-Incrementing Invoices
    Feature
  16. Invoicing
    Feature
  17. September 2016 Roundup
    Roundup
  18. August 2016 Roundup
    Roundup
  19. Automatic Currency Conversion
    Feature
  20. Projected Paydays
    Feature
  21. July 2016 Roundup
    Roundup
  22. Retainers
    Feature
  23. Inline Notes
    Feature
  24. Ask a Freelancer podcast
    Announcement
  25. Expenses
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  26. Availability Badge
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  27. Availability
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  28. Overbooking
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  29. Xero Integration
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  30. Vacations
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  31. Weekly Summaries
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  32. Monthly Income
    Feature
  33. Small Tweaks, Big Improvements
    Feature
  34. Client Ranking & Average Ranges
    Feature
  35. Stickers!
    Announcement

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