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.