We are a Canadian company with CAD and USD customers. The home currency is CAD. I have to invoice CAD to Canadian customers and USD to US customers. I set all customers in these 2 categories, no problem. But when I tried to set CAD or USD in products and Services, I cannot. It is only in CAD. Is there a solution for this? I need to have USD in my product list for invoicing our US customers.
Hi there, @garfield1.
The option to set a foreign currency in your Product and Services is not available in QuickBooks Online (QBO).
I'll take note of this feature request for future enhancement. In the meantime, you'll want to go to our Apps menu and search for a third-party app that has the feature you need.
I also encourage checking our QuickBooks blog page to know about the latest features and updates in QuickBooks.
You can also check our Help articles page to read and learn some best practices in managing your QBO account. From there, you can read helpful articles that can guide you in your future tasks.
Should you have other concerns or questions, you're always welcome to post here anytime. Have a great day and take care!
You may have 2 options:
1. If you are a wholesaler trading goods, consider having an inventory management app with B2B feature. You may set multi-currency list price for your customers. You may start exploring these apps
2. Explore this payment service to deal with multi currency transactions. It supports QBO. You may release invoice and get paid in CAD, and your customer will pay it in their local currency (e.q US customer pays in USD).