Your International Trade, Properly Accounted For
When goods move across borders in both directions, the accounting behind them grows in layers — currencies, freight, duties, documentation. Brasswick untangles all of it into a monthly financial picture you can actually use.
One Clear Financial Picture, Every Month
Running a business that imports and exports means your finances are permanently in motion — exchange rates shifting, freight invoices arriving in multiple currencies, duty costs folded into product pricing. It's a lot to hold together, and most general accounting approaches weren't designed for it.
What you can expect from this service is a monthly consolidated report that brings every international transaction into a single, coherent view. Currency conversions handled at accurate rates. Freight costs allocated correctly. Trade finance documentation captured. And all of it presented in a format that makes sense to you, your finance team, and anyone else who needs to understand your numbers.
All international transactions in one structured summary.
Suitable for businesses trading across multiple countries simultaneously.
Records structured for customs, lenders, and financial auditors.
Currency transactions recorded at prevailing rates, properly converted.
Where Trade Accounting Gets Away From You
Currency Complexity
Invoices arrive in multiple currencies. Exchange rates move between invoice date and payment. Your accounts need to reflect these movements accurately — and most businesses don't have a clean process for it.
Freight & Duty Allocation
The true cost of imported goods includes freight, insurance, and customs duties — but spreading these costs across product lines correctly takes method and attention that day-to-day bookkeeping rarely has space for.
Documentation Gaps
Trade finance documentation — letters of credit, shipping documents, import declarations — needs to sit alongside the accounting records. When it doesn't, audits become stressful and duty drawback claims become difficult to pursue.
These aren't unusual problems. They're predictable consequences of running a business that moves goods internationally without a dedicated accounting process built around how trade actually works. The monthly workload builds quietly, and by the time reports are needed, there's a significant amount to reconstruct.
A Framework Built Around International Trade
This service was designed specifically for importers, exporters, and businesses managing commercial relationships across multiple countries. It covers the distinct accounting layers that cross-border trade creates — and it produces a monthly output that gives you genuine visibility over your international financial position.
Foreign Currency Transaction Recording
Every transaction in a foreign currency is recorded at the prevailing spot rate on the transaction date. Period-end revaluations are applied to outstanding foreign-denominated balances, and exchange gains or losses are calculated and reported correctly.
Customs Duty & Freight Allocation
Customs duties, freight charges, and insurance costs are tracked and allocated across the relevant product lines or cost centres. The accounting reflects what your goods actually cost to land — not just the invoice value.
Trade Finance Documentation
Letters of credit, shipping documents, and import declarations are captured and cross-referenced within the accounting records — giving you documentation that stands up to scrutiny from lenders and customs authorities alike.
Consolidated Monthly Report
All international transactions — across all countries and currencies — are brought together into a single monthly report. Currency conversion summaries and a clear financial overview of your international trading position are included as standard.
A Consistent Monthly Rhythm
We Review Your Operations
We start by understanding your trade flows — which countries, which currencies, and where the accounting has been falling short. This shapes how we structure the work going forward.
You Send Monthly Data
Each month you provide your transaction records — invoices, customs documents, freight costs, bank statements. The process is straightforward and we'll guide you through exactly what's needed.
We Process & Structure
Your data is processed using trade-specific accounting methods — spot rates applied, costs allocated, documentation referenced. The work is thorough and methodical.
Report Delivered
Your consolidated report arrives on a consistent schedule each month — clear, complete, and ready for you to act on or share with advisors, lenders, or your broader team.
Transparent, Predictable Pricing
A fixed monthly fee covering the complete scope of Import & Export Trade Accounting. No variable charges based on transaction volume, no hidden extras — just one clear monthly amount.
This service can be engaged on its own or combined with Customs Duty & Tariff Tracking or Foreign Currency Transaction Management if your accounting needs span more than one area.
How Progress Shows Up in the Numbers
A Trade-Specific Accounting Framework
Most accounting frameworks handle domestic transactions well, but international trade introduces layers that require a different approach. Spot rate recording, multi-currency consolidation, freight allocation across landed cost — these aren't standard bookkeeping tasks, and they need a method built around how trade flows actually work.
The approach used in this service draws on established international accounting treatment for foreign currency transactions, trade costs, and documentation — applied consistently each month, without relying on estimates or shortcuts.
What You Can Track Over Time
Month-by-month tracking of which currencies you hold positions in and how exchange rate movements are affecting your results.
Your actual cost of goods — including duties and freight — visible in the accounts, not buried in separate spreadsheets or approximated.
Documentation maintained so that customs reviews, lender requests, and financial audits can be handled without scrambling to reconstruct records.
Starting With a Conversation, Not a Contract
Before anything is agreed, we take the time to understand your trade operations properly. You'll have a clear sense of what the service covers, how the monthly process works, and what you'll receive — with no pressure to proceed before you're comfortable.
Initial Consultation
A no-obligation conversation to assess whether your operations are a good fit for the service and to answer any questions you have about how it works.
Consistent Delivery
Monthly reports delivered reliably, on a schedule agreed at the outset. You'll know when to expect your report and what it will contain.
Transparent Scope
What the service covers is set out clearly before engagement. No ambiguity about what's included and no unexpected requests after the work begins.
The Path Forward Is Straightforward
Send a Message
Use the contact form on our home page to introduce your business and describe your international trade activity. There's no lengthy form to complete — a brief description is enough to start.
We'll Respond Promptly
We'll come back to you within one business day to ask a few questions about your trade flows and accounting needs. This helps us understand whether and how this service fits your situation.
We Agree on Scope
Once the fit is clear, we agree on exactly what the service will cover, how data will be shared monthly, and when the first report will be delivered. Everything is set out plainly before we begin.
Explore the Full Range
Customs Duty & Tariff Tracking
Systematic recording and reconciliation of customs duties and tariffs paid on imported goods, with monthly reports and records supporting drawback claims.
Foreign Currency Transaction Management
Ongoing management of foreign currency exposures — spot rate recording, period-end revaluations, and monthly currency impact reports.
Your International Accounts, Properly in Order
If you're managing international trade and your accounting hasn't kept pace with the complexity, this is a good place to start. Send us a message and we'll take it from there.
Get In Touch