Paying a vendor in one foreign currency from an account held in a second foreign currency

Hi @Marmot,

I'll take care of this query for you about multi-currency transactions. 

Given that the client in question is recorded in your QuickBooks Online (QBO) company as a customer that pays in EUR, and the supplier as a vendor that you pay in GBP, then you can follow this process: Enter billable expenses. 

Create a bill, that's billable to the client. View the screenshots below for reference:

At this point, you can create the invoice for your client. Check out the screenshot below for reference:

Be advised, you'll have to input the exchange rate for each transaction. 1 GBP for USD, then 1 EUR for USD as well. 

In case you want to undo a billable expense assigned to a customer, see this article: How to remove a billable expense charge. 

I'll be around to help if you need further assistance. Tag me in the comments below, and I'll get back to you. 

Thanks Ryan, I'll start here but may have a follow up question about the bookings needed to pay the vendor from the EUR account.