FX exposure

If you hold invoices or balances in more than one currency, this question is easy to ask and hard to answer without a spreadsheet. The skill groups everything that is not your home currency and converts it at a real rate, showing the original amount, the converted value, and the rate and date behind it.

npx skills add wellapp-ai/skills --skill fx-exposure
WWellapp
How exposed are we to currency risk?

Ask anything or use / for commands...

How the skill answers

Every step of the run, in order, with the card each one returns. A step that hands its work to another skill says which one.

  1. You ask

    How exposed are we to currency risk?

  2. Pin the workspaceSkill useddefine-workspace

    Workspaces

    Pick the workspaces to work in.

    Your workspaces
  3. Confirm the connections this answer needsSkill usedconnect-tools

    Connect a tool

    Pick a tool to connect it to Well.

    Available tools
    1 of 1
    QuickBooks avatar
    QuickBooks
    Category
    Accounting
    Data
    Accounting
    Direction
    Input
    Status
    Last sync
    1 selected
  4. Verify the data itself has landed
  5. Query the outstanding invoices
  6. Settle the home currency before anything is converted
  7. Total the cash by accountSkill used
    compute-cash-total
  8. Convert the invoices at the rates the cash half usedSkill usednormalize-currency
  9. Report exposure per currency
  10. If any required step errors or returns unusable data
  11. You get

    17% of your position sits outside EUR. $740K in the US entity converts to €683K at 0.9229, dated today. Add $61K of unpaid USD invoices and your total non-EUR exposure is €739K.

Frequently asked questions

Where does the exchange rate come from?

From synced rate data, and the skill always shows the rate and its date so a conversion can be checked or re-run at a different rate.

What if only one of bank or invoicing is connected?

It computes what it can and says which half is missing. With neither connected there is no exposure to measure and it says that instead of returning zero.

Does it hedge anything?

No. It measures exposure so you can decide what to do about it.

Ask your first question today

Connect your tools, then ask in plain language. Every answer traces back to the record behind it. Free to start.