Can you add foreign currency transactions via the Receipts function?

Hi AlexW29, thanks for posting - the receipt function does not currently support multicurrency, this must be in the same currency as the bank account that they are uploaded to.

GeorgiaC, thank you for the reply. I am trying to add the transactions as Bills (therefore not uploading to a bank account) but assume that multicurrency is also not supporting in this instance? Is this something that is being developed as I have found the Receipts function very basic since it was introduced.

Thanks for getting back to me! Once multicurrency is enabled bills can be raised in any currency, are you attempting to categorise this against the default creditors GBP account?

I have multicurrency enabled and have created a new Supplier with the currency set to USD. I then go to Receipts, where my client has uploaded their invoice, and click on Review. At the top, I change the Document Type to Bill and select the new foreign currency supplier from the Payee list. I complete the remaining fields, with the Account/Category set to the relevant expense (not Creditors). The amount boxes do not specify any currency, which suggests that QuickBooks will apply the relevant currency based on the supplier chosen, however when I then click Create Bill I get a warning which states: The transaction needs to be in the same currency as the A/R and A/P accounts you use. 

Thank you for posting here in the Community, @AlexW29 . I can share some details about the error you encountered in multi currencies in QuickBooks Online.

There's an ongoing research about the multi-currency feature, and our product engineers are already aware of it. We'll keep you posted once the issue is resolved.

As a workaround, you can create an expense and enter the foreign currency to record the transactions in QuickBooks Online. I'm adding this article to your reference: Enter expenses in QuickBooks Online

Come back if you still need further clarification. I'm always here to support you.

Hello, has this been sorted now and the receipts function works in multicurrency?

Hi Monika, thanks for joining this thread - receipts uploaded via the banking mechanism can only be imported in the home currency of the QuickBooks account. We do appreciate this is a limitation and we've passed feedback to our developers for the support of multi-currency. :folded_hands:

This is a really part of Quickbooks and makes life a real pain when travelling with foreign expenses!  What’s is the status of this feature?

It's a year since this post and the issue seems to be unresolved. Surely this is a significant requirement that needs addressed?

I can see the benefit of adding your foreign transactions via the receipt function, @Kyle63. Let me share details about this and provide a workaround you can do.

As of posting, this feature only supports your home currency and doesn't allow the use of different currencies. I suggest providing feedback to our product engineers so that they can assess this suggestion and determine whether to incorporate it in future updates.

To send your request:

1. Go to the Gear icon.
2. Select Feedback.
3. Type in your recommendation in the Share your feedback field.
4. Click Next.
5. Wait for a few moments until your feedback is sent.

In the meantime, you can manually enter the transactions using Expense or Bill by going to the +New button.

Additionally, you can run supplier reports to get an overview of how much you've paid your suppliers.

If you have any further concerns with the receipt function, please let us know, and we'll be here to assist you.