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sandy-tongaikmar
Level 1

I have issue an invoice in SGD. However, customer pay me in USD. May I know how do i take in this receipt?

 
2 Comments 2
RenjolynC
QuickBooks Team

I have issue an invoice in SGD. However, customer pay me in USD. May I know how do i take in this receipt?

Good day, sandy-tongaikmar.

 

I'll share some details about your concern.

 

In QuickBooks Online, you will be able to issue an invoice in a different foreign currency. However, when receiving payments, you can only use the home currency that matches the invoice.

 

For your situation, you can record the payment as you normally do. Then, add the information in the memo field. Here's an article for the steps: Record invoice payments in QuickBooks Online.

 

If the scenario involves multiple currencies, then you can read this article for reference: Receiving and making payment for a foreign invoice/ bill with a foreign currency.

 

I'll be right here if you have any additional questions or other concerns. Take care and stay safe!

Fiat Lux - ASIA
Level 15

I have issue an invoice in SGD. However, customer pay me in USD. May I know how do i take in this receipt?

@sandy-tongaikmar 

As an additional reference, you may open a virtual USD and/or SGD bank account at Wise to deal with multi currency transactions. Utilize the bank feeds if required.

https://wise.prf.hn/l/64dl92k