Multi-currency reconciliation, landed cost accounting, FX gain and loss, import duties, and trade documentation — we handle the financial complexity of moving goods across borders.
Import and export businesses operate in multiple currencies, across multiple jurisdictions, and with cost structures that change every time a shipment moves. When foreign exchange rates shift, when freight and duty are excluded from your landed cost calculations, or when supplier payments are recorded at the wrong rate, your margin data becomes meaningless and your balance sheet carries silent errors.
Skyhigh.Asia provides structured accounting for trade businesses: correct multi-currency treatment, accurate landed cost allocation, FX realised and unrealised gain/loss tracking, and clean reconciliation of import duties and GST. We make sure your gross margins reflect what you actually made on every shipment.
Multi-Currency Accounting
We manage transactions in multiple currencies, apply correct exchange rates, and reconcile foreign currency accounts so your financials accurately reflect your international trading activity.
Landed Cost Accounting
We allocate freight, insurance, duty, and handling costs to individual product lines so your COGS reflects the true cost of getting stock to your warehouse — not just the invoice price.
FX Gain & Loss Tracking
We track both realised FX gains and losses on completed transactions and unrealised positions on open balances, ensuring your P&L and balance sheet are correct.
Supplier Payment Management
We manage your foreign supplier payment cycle, reconcile invoices in local and foreign currency, and ensure payment timing is recorded at the correct exchange rate for accurate AP ageing.
Import Duty & GST
We correctly account for import duty, customs charges, and GST on imported goods, ensuring these costs are captured in your landed cost calculations and your tax positions are accurately reported.
Trade Documentation & Compliance
We maintain the financial records required for customs, tax, and audit purposes — purchase orders, commercial invoices, bill of lading references — ensuring your books are compliant and audit-ready.
We work across the platforms your business already relies on — no vendor lock-in, no starting over.
Let's talk about bringing structure and accuracy to your import-export accounting. We know the complexity firsthand.
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