Selling in another currency, without surprises
When a sales cycle takes weeks, the exchange rate on the day you quoted and the day you get paid aren't the same. Cord keeps two currencies apart and consistent end to end: the one you sell in, and the one your books use.
Key benefits:
- Rate locked for 30 days: saving the quote fixes that day's rate. You can add a cushion on top to absorb volatility during the credit window.
- The invoice states it: the document is issued in the selling currency and prints the applied exchange rate plus the total converted to your accounting currency. In Mexico that's the TipoCambio the SAT requires on a CFDI that isn't in pesos.
- Charged in the right currency: your client pays by card in the quote's currency, not one converted at the last minute.
- No invented rates: if the exchange rate can't be retrieved at that moment, Cord won't save the quote and tells you, instead of using an approximate number that shows up on an invoice later.
How it works
Choose the selling currency while keeping the organization accounting currency.
Cord queries real sources and freezes the dated rate when saving.
Quote, invoice, and ledger consume the same conversion direction.
Availability and scope
The invoice states the selling currency and, when applicable, the exchange rate and accounting total derived from the frozen rate.
Clear limits
A source that does not publish a pair yields to the next. If none covers it or the network prevents proving the rate, Cord fails closed.