cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
NEW Connect to DBS IDEAL direct bank feeds Click here
abhirami-manokar
Level 1
posted
‎April 27, 2021 05:44 AM
last updated ‎April 27, 2021 5:44 AM

How do I record Advance foreign remittance against Proforma invoice with out enable of Exchange rate / Multi currency option

 
Reply
2 Comments 2
Fiat Lux - ASIA
Level 15
‎April 27, 2021 07:25 AM

How do I record Advance foreign remittance against Proforma invoice with out enable of Exchange rate / Multi currency option

What is the local currency of your customer? Are you using INR as the home currency? You may have a workaround without enabling the multicurrency feature. 

Reply
RenjolynC
QuickBooks Team
QuickBooks Team
‎April 27, 2021 08:24 AM

How do I record Advance foreign remittance against Proforma invoice with out enable of Exchange rate / Multi currency option

Thanks for reaching out to us with your inquiry, abhirami-manokar.

 

Generally, you will have to turn on the Multicurrency feature for this process. With your current situation, you will have to manually calculate the exchange rate from the foreign to your home currency.

 

Then, record the remittance against the proforma invoice as you normally do. 

 

I'm sharing this article in case you decide to enable the Multicurrency in the future: Turn on and use multicurrency

 

Please let me know if there's anything else you need. I'll be around to help you out again. Take care and stay safe!

Reply