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We are a CAD company that invoices all US customers in USD and we want all payments made in USD to go directly to our US bank account in the US
What currency do we set for the home currency? I see we can use the Multi-currency feature to assign customers a default currency However my main question is where can we direct our payment options to link to our US bank as a Canadian business
Can we set up both can we have US payments go to our US Bank and Canadian payments go to our CAD account
How can we issue invoices with payment links by ACH or Credit card to ensure payments are made in US$ and are deposited into the US bank account located in IL
Do we need to purchase QuickBooks US or can we use Quickbooks CAD. that we have
Thanks In advance
We are a CAD company that invoices all US customers in USD and we want all payments made in USD
You need a 3rd party merchant service.
Ok, thanks I understand it is the third-party processor that moves the money to the bank NOT QuickBooks So can you set up multiple merchant services in QuickBooks? The issue we have is the need to deposit US and CAD funds into different banks So If we have one processor for US and one for CAD Can QuickBooks be set up to use one Service for US and another for CAD ?
Hi khymnbo,
The option to set up Merchant Services in other currencies is not available at this time. Please feel free to submit a suggestion to our Development Team for feature improvements and future updates. In the interim, you can search third party apps for the best fit for your business needs.
Feel free to reach out again, if you have other questions. We would be happy to help!
You can ask the merchant services provider to differentiate payment links.
I'm in the exact same situation. I haven't found a good solution to accept credit card payments. I've used Wise which works fantastic, and basically no fees. But if the customer doesn't have wise it can be a pain. Wondering if you found a solution within Quickbooks?
If you are a service company, you can use a proposal management app to integrate with QBO to accept international payments by cards. Another option, use a 3rd party merchant service.
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