Connect Wise to FiscalInsights
Track Wise international transfers and multi-currency accounts.
Integration Features
How It Works
Wise business account balances and transfers sync to FiscalInsights with full currency details. International transfers are recorded with the exchange rate at the time of conversion, and Wise fees are tracked separately as expenses. Multi-currency balances can be tracked in their original currencies or converted to your base currency.
How to Connect Wise
Wise (formerly TransferWise) is essential for businesses that send or receive international payments. The integration tracks all Wise activity including currency conversions, international transfers, and multi-currency balance changes with accurate exchange rate recording.
When you convert currencies in Wise, FiscalInsights records the transaction at the actual exchange rate used, including Wise's conversion fee as a separate expense line. This gives you accurate cost-of-currency data that's important for understanding the true cost of international business. Foreign exchange gains and losses are tracked automatically as currency values fluctuate.
For businesses maintaining balances in multiple currencies (USD, EUR, GBP, etc.), FiscalInsights can track each currency account separately or convert everything to your base currency using current exchange rates. This flexibility is valuable for businesses with international clients or suppliers who need to report in their home currency while maintaining the ability to analyze their foreign currency positions.