cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
grant-laserverse
Level 1

I buy inventory from another country using their currency.I need to list the cost of the item in the originating currency and sell in the home currency. Is this possible?

In the item/inventory setup, it shows Item cost in CAD, but I would like to see it in EUR. 
The EUR price for the item stays fixed, and I would like QBO to auto assign costs based on forex. At this time, If I list cost in CAD, I have to account for the fluctuations each time. 
2 Comments 2
4Gal
Level 11

I buy inventory from another country using their currency.I need to list the cost of the item in the originating currency and sell in the home currency. Is this possible?

You need to have a 3rd party inventory management app to keep the historical data in the original amount.

Amanda-B
QuickBooks Team

I buy inventory from another country using their currency.I need to list the cost of the item in the originating currency and sell in the home currency. Is this possible?

Hey there grant-laserverse,

 

It's great to see you in the Community! Thanks for reaching out to us here. QuickBooks Online is a great software that can help you keep track of your finances. In addition to the information provided above, you can locate the APP store by simply clicking on this link. I hope this helps!

 

If you have any other questions, feel free to reach back out to us.

Need to get in touch?

Contact us