How to invoicing on a currency (Euro) difference than my home currency (USD) to 1 of my customer?

Forum|Forum|7 years ago
October 16, 2018
2 replies
12 views

I need to issue an invoice to 1 of my customer in Euro Currency.

How can i do that?

I have open the multi-currency function.

Besides, may i know how it show in my p&l & balance sheet if the Euro Invoice opened/issued.

QuickBooks Online

Best answer by RenjolynC

Hello accounts,

I'd be glad to help you out with this.

First, you need to set up a customer with a (Euro) currency by following these steps:

On the left panel, click Sales.
Click the Customers tab, and click the New customer button.
Enter the customer's information, and click the Payment and Billing tab.
Choose EUR Euro from the This customer pays me with drop down menu.
Click Save.

Then, create the invoice transaction by clicking the Create (+) icon, and selecting Invoice under Customers.

When you run the Profit & Loss or Balance Sheet report, the amount will be converted to your home currency. However, you can click on the Sales amount, and customize the transaction report to include the other currency.

For any clarifications or other concerns, please let me know. Thank you.

RenjolynCAnswer

Level 9

Hello accounts,

I'd be glad to help you out with this.

First, you need to set up a customer with a (Euro) currency by following these steps:

On the left panel, click Sales.
Click the Customers tab, and click the New customer button.
Enter the customer's information, and click the Payment and Billing tab.
Choose EUR Euro from the This customer pays me with drop down menu.
Click Save.

Then, create the invoice transaction by clicking the Create (+) icon, and selecting Invoice under Customers.

When you run the Profit & Loss or Balance Sheet report, the amount will be converted to your home currency. However, you can click on the Sales amount, and customize the transaction report to include the other currency.

For any clarifications or other concerns, please let me know. Thank you.

L

lindak1119Author

Level 7

me too

L

lindak1119Author

Level 7

Here's the screenshot for convenience: https://imgur.com/6X0DBSk

C

CarolineT

Did anyone figure this out? I don't have the option either. Here is what mine looks like...

BettyJaneB

Level 9

Hello everyone.

I'm grateful that you took the time to provide me with a screenshot on the steps that you've tried. Let's get this currency concern sorted out.

You'll need to make sure that the Multi-currency option is turned on successfully. Turning this on allows you to have the ability to deal with foreign currencies. Bear in mind that once you've turned the Multi-currency feature on, you cannot turn it off again.

To do that:

Click on the Gear icon.
Under Your Company, select Account and Settings.
From the left menu, select Advanced.
Select the edit (pencil) icon in the Currency section and choose your Home Currency.
Select the Multi-currency checkbox and confirm that you understand that you can't undo this option.
Select Save.