QuickBooks Team

Transactions

Hello Simonpeter

 

We just need a few more details to get a better understanding of how your business is set up. Are these amounts on invoices/bills that have been sent to or received from customers/suppliers in sterling and paid in Euros for example? Is the bank account they are paid into in GBP or Euros?

Do you have the customers/suppliers set up in the currency they are paid in?

 

Aside from using a third-party app the best option would be to create the customer/supplier in the currency it is paid in/billed to it will then do conversion based on the rate on the NY stock exchange or you can put in your rate if your bank account is in a different currency for example.

 

Emma