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?
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.
