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user66327
Level 1

Multi currency invoicing and payments

Is it possible to invoice in AUD but receive payment in CAD? How this would be done?
2 Comments 2
Trish_T
QuickBooks Team

Multi currency invoicing and payments

Hi user66327,

 

Thanks for reaching out here.  QuickBooks Online Payments is a great time saver that allows your customers to pay directly from their invoice.  I'll be happy to provide more information with regards to multicurrency, so you're on the right track with your work!

 

QuickBooks Online Payments currently accepts Canadian payment methods only.  If you have your customer set up with a default currency, there won't be an option for them to 'pay  now' when they receive their invoice.  They'll need to pay you using another method.  In addition, when you create the invoice, the exchange rate will be applied and both currencies will be listed so your payment can be received in the Canadian dollar amount.  I suggest adding a memo to advise the customer of your preference.

 

If you have any other questions, feel free to reach back out.  We'd be glad to help!

Fiat Lux - ASIA
Level 15

Multi currency invoicing and payments

@user66327 

You need to have a 3rd party merchant service to deal with multi currency transactions.

First option

Comparison MF and QB Canada.jpg

 

If you are running a service company, explore this app as the second option

https://get.practiceignition.com/quickbooks

 

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