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S-E123's avatar
S-E123
User
4 years ago
Solved

Payment in a different currency than invoice

hi we have entered a invoice in USD & for this we received the payement from customer in  AUD how to enter this transaction?        
  • Steven_M's avatar
    Steven_M
    4 years ago

    Hi S-E123 

     

    When you do have Setup>>Preferences>>System - I deal in multiple currencies enabled you will have the Currency field on the Receive Payments window. 

     

    In terms of payments, these are done based on the currency listed on the invoice. For example, if the invoice is a USD based currency invoice then the currency would be listed as USD. If the customer has paid you in the local currency you would want to convert that value into the desired currency. This can be done using the Rate>>Currency Calculator, by entering in the Amount in Local Currency and Exchange Rate you can calculate the Amount in Foreign Currency. You would then use that value for the Amount of the transaction.

Steven_M's avatar
Steven_M
Former Staff

Hi S-E123 

 

When you do have Setup>>Preferences>>System - I deal in multiple currencies enabled you will have the Currency field on the Receive Payments window. 

 

In terms of payments, these are done based on the currency listed on the invoice. For example, if the invoice is a USD based currency invoice then the currency would be listed as USD. If the customer has paid you in the local currency you would want to convert that value into the desired currency. This can be done using the Rate>>Currency Calculator, by entering in the Amount in Local Currency and Exchange Rate you can calculate the Amount in Foreign Currency. You would then use that value for the Amount of the transaction.

S-E123's avatar
S-E123
User
4 years ago

Thanks.