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Practical know-how for running an exchange

Everything we've learned from real exchange operations — accounting, the ledger, reconciliation, remittance and compliance. No slogans, no fluff.

Accounting

Multi-Branch Management and Inter-Branch Accounts — When an Exchange Grows

When the second branch opens, bookkeeping turns from a single cash box into a network. Consolidating the ledger, the inter-branch account, per-branch cash separation, and inter-branch settlement — a precise guide for multi-branch exchanges.

7 min read
Accounting

Currency Exchange Accounting and Operations: The Complete Guide

A complete guide to currency exchange accounting and operations — general ledger, position and revaluation, cash and liquidity, customers, remittance, automation and reports, with links to every specialist guide.

6 min read
Accounting

How to Set Exchange Service Fees

A fee is different from a spread. The spread is hidden in the rate; the fee is a separate line for the remittance service. A guide to setting the components of a remittance fee and why it should be recorded separately from the trade itself.

7 min read
Accounting

How Exchange Profit Is Calculated — Where Profit Comes From and How to Compute It Precisely

A currency exchange's profit comes from spread, fees and revaluation. How to separate and correctly calculate these three so you know how much you really made, not an end-of-month guess.

7 min read
Accounting

Multi-Currency Accounting at a Currency Exchange — Each Currency, a Separate World

Why must each currency have its own independent account and position? The principles of multi-currency accounting at an exchange; holding each currency's balance, revaluation, and where real profit actually comes from.

7 min read
Accounting

Weighted Average Currency Cost — Know the True Cost of Each Currency

When you buy currency at different rates, what is the cost basis of each unit? The weighted average method and why, without it, exchange profit calculation comes out wrong.

6 min read
Accounting

The Accounting Entry for Buying and Selling Currency — How to Record a Trade Correctly

What entry does each currency buy and sell create? A guide to the double-entry recording of an FX trade; what is debited, what is credited, and its effect on position and profit.

7 min read
Accounting

Managing Multi-Currency Cash and Liquidity at an Exchange

Several cash boxes in several currencies, physical counting, and the principle that you should never sleep on inflationary money overnight. A practical guide to exchange liquidity so no currency runs short and no money sits idle.

7 min read
Accounting

The Exchange P&L Report — How to Read Your Real Profit

An exchange where every single deal was profitable still ends the month with less. The secret behind this paradox is separating operating profit from FX revaluation gains and losses. A guide to reading an exchange's Net Profit correctly.

7 min read
Accounting

Managing Receivables and Payables at a Money Exchange — Don't Let Debts Slip Away

In a money exchange, half your money is always in someone else's hands, or theirs is in yours. How to track debtors and creditors, close inter-dealer accounts, and drive forgotten receivables to zero.

7 min read
Accounting

7 Common Trade Entry Mistakes That Lead to Reconciliation Breaks

Most FX bureau reconciliation breaks do not come from major failures. They come from seven small, repeated trade-entry mistakes. Know them before the balances stop tying.

6 min read
Accounting

FX Position and Revaluation Profit — The Hidden Core of Bureau de Change Profit

Most exchange offices see trading profit but miss revaluation profit. What an FX position is, how realized and unrealized profit differ, and why weighted average cost changes everything.

7 min read
Accounting

What Is a Currency Exchange General Ledger, and How Do You Keep It Right?

A currency exchange general ledger is different from an ordinary business ledger: it must balance separately in every currency. A practical guide to multi-currency double-entry accounting, from chart of accounts to revaluation.

8 min read
Accounting

End-of-Day Reconciliation in an Exchange — A Practical Checklist

Closing the day is not an admin ritual; it is the cheapest insurance a bureau de change has. A seven-step day-close checklist, plus real ways to find breaks when balances do not tie.

8 min read

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