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Can I write a purchase order in a different currency?

 
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QuickBooks Team

Can I write a purchase order in a different currency?

Greetings, @dtsiang.

 

Thanks for reaching out to the Community. I’m here to share a few details about creating a purchase order in a different currency in QuickBooks Online.

 

Yes, you can write and use a purchase order to buy items in a different currency once Multicurrency is turned on. However, you won’t be able to change the currency vendors with existing transactions use. What you need to do is add a foreign vendor.

 

Here’s how:
1.    Go to Expenses from the left panel and select Vendors.
2.    Click on New vendor button and enter the vendor information.
3.    On I pay this vendor with drop-down, select the appropriate currency.
4.    Once done, hit Save. (Attached screenshots)

 

 

Now, to create a purchase order for this vendor, follow the steps below:
1.    Go to the Plus (+) icon and select Purchase Order.
2.    From the Vendor (Choose a vendor) drop-down, select the newly added vendor.
3.    Enter necessary information.
4.    Click on Save.

 

For more information about adding a foreign vendor with their corresponding currency, refer to this article: https://quickbooks.intuit.com/community/Income-and-expenses/How-to-add-foreign-vendors-with-their-co....

 

That should get you pointed in the right direction. Should you have any follow-up questions, don’t hesitate to let me know. I’m always here to help. Take care and have a good day!

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