# How do Deel Payroll users handle exchange gains and local invoicing in multi-currency setups?

<p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">I'm trying to get a clearer picture of how <a class="a a--md" elv="true" href="https://www.g2.com/products/deel-payroll/reviews">Deel Payroll</a> users handle exchange gains and local invoicing in multi-currency setups. For standard setups, Deel does the heavy lifting, with automated tax calculations and compliance support. Going by reviews, multi-currency adds two things: exchange gains and losses to record when payroll is paid in a different currency from the company's books, and invoicing that also has to happen in a separate local tax system. Finance teams handle both by recording the entries in their own accounting software each pay run, and once that's routine, the rest runs like a standard setup.</p><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">In <a class="a a--md" elv="true" href="https://www.g2.com/categories/global-payroll">global payroll</a>, there are two kinds of setup. A company paying people in one currency gets the platform's full benefit with very little admin. A company with multi-currency books gets the same benefit plus one accounting step, which comes from the jurisdictions involved rather than the platform.</p><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">What I'd like to hear from finance teams:</p><ul>
<li>How do you record exchange gains and losses from payroll?</li>
<li>Do you reconcile Deel payments monthly or per pay run?</li>
<li>Has local invoicing added a step in any country you pay into?</li>
</ul><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">What helped most in setting up a multi-currency routine?</p>

##### Post Metadata
- Posted at: about 23 hours ago
- Author title: Marketing Executive
- Net upvotes: 1


## Comments
### Comment 1

&lt;p&gt;&lt;span style=&quot;color: rgb(0, 0, 0);&quot;&gt;Do finance teams book exchange gains and losses per pay run or once a month? Trying to pick the routine that&#39;s easiest to reconcile later.&lt;/span&gt;&lt;/p&gt;

##### Comment Metadata
- Posted at: about 5 hours ago
- Author title: SEO Content Specialist





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