Hello there, @Swordfish.
Thanks for visiting the Community. Great to hear that you've figured out some of the complicated part in dealing with the foreign currency.
Since you've already entered the bill of $25,000, the next step is to create a Check and enter $24,000 to show that the bill is partially paid. Here's how:
- Go to the + New menu, then select Check.
- Select a vendor in the Vendor drop-down list.
- Add the Bill from your left panel amounting to $25,000.
- Enter $24,000 in the Amount field. Ensure that it matches the amount in the Payment field.
- Enter other necessary details in the fields, then select Save and close.
For more information, refer to this link: Enter and pay bills. It helps you learn about the different ways to enter and pay your bills in QuickBooks Online (QBO).
For future reference, read through this article: Assign a foreign vendors with their specific currency. It helps you learn about how to turn on the multi-currency feature in QBO, and adding a foreign vendor in the vendor list and, in a form.
Feel free to visit again should you need further assistance. We're always delighted to help some more.
