Convert to GEL
⚠️ Disclaimer
This tool is provided for informational purposes only and should not be considered as professional tax or financial advice.
- No Warranty: This application is provided "as is" without any warranties, express or implied. The accuracy of currency conversions and calculations is not guaranteed.
- Not Tax Advice: This tool does not constitute tax, legal, or financial advice. Always consult with a qualified tax professional or accountant for your specific situation.
- User Responsibility: You are solely responsible for verifying all data, calculations, and information before using them for official tax declarations or any other purpose.
- Data Storage: All data is stored locally in your browser. No information is sent to external servers. However, you are responsible for backing up your data.
- Official Rates: Exchange rates are fetched from the National Bank of Georgia API. Always verify rates with official sources before submitting tax documents.
By using this tool, you acknowledge that you understand and accept these terms.
ℹ️ How It Works
Overview
This tool helps Georgian small business owners track foreign currency income and convert it to Georgian Lari (GEL) using official National Bank of Georgia exchange rates for tax declaration purposes.
Key Features
- Official Exchange Rates: Uses National Bank of Georgia's official daily rates
- Historical Data: Access exchange rates for any past date
- Multi-User Support: Track transactions for multiple individuals or business entities
- Year-to-Date (YTD) Calculation: Automatically calculates running totals per user per calendar year
- Data Export/Import: Export to CSV for backup or import into spreadsheet applications
- Offline Storage: All data stored locally in your browser - works offline after initial load
How to Use
- Set Up Users: Click "User Management" → "+ Add User" to create profiles for each person/entity
- Convert Currency:
- Select the transaction date (uses official NBG rate for that date)
- Choose the currency (GEL for local transactions, or foreign currency)
- Enter the amount received
- Select the user
- Check "Add as Transaction" to save it to the history
- Review Transactions: View all transactions with automatic YTD income calculation
- Export for Tax Filing: Use the "Export CSV" button to download data for your accountant or tax records
Understanding YTD Income
The Year-to-Date (YTD) Income column shows the cumulative GEL income for each user from January 1st through the transaction date. This helps track when income thresholds are reached for tax purposes.
Data Privacy
All data is stored exclusively in your browser's local storage. No information is transmitted to any server except for fetching exchange rates from the National Bank of Georgia's public API. Clear your browser data will delete all transactions.