How can I match the payment received / paid of an invoice / bill from the bank in a different currency than that of the invoice / bill itself?

Hi there, akber.

Let me help you match your bill from a different currency.

Beforehand, QuickBooks Online is able to use Invoice/Bill in different foreign currencies. However, when recording payments received/made, we are only able to use the home currency bank account or the bank account with the currency that matches the Invoice/Bill.

You'll need to turn on your Multicurrency feature in order to receive and make payments with a foreign currency.

First, we'll have to create a new dummy bank account in the home currency to facilitate the movement between 2 different currencies.

1. Select the Gear icon, then select Chart of Accounts
2. Select New
3. Under the Account Type column, select Cash and cash equivalent. Under the Detail Type column, select Cash on hand. And under the Name column, type in Dummy Bank
4. Before saving and closing, make sure that it is in the home currency.

We must record the payment of the foreign invoice. In the Receive payments module, set the Deposit To field to dummy Bank. Ensure to take note the home currency amount displayed at the bottom right before saving the transaction.

Next, we'll have to transfer this USD from the dummy bank to the PKR bank account:

1. Select + New.
2. Select Transfer.
3. Under the Transfer Funds From column, select Dummy Bank from the drop-down arrow.
4. Under Transfer Funds To, select PKR Bank from the drop-down arrow.
5. Under the Currency column, select USD from the drop-down arrow.
6. Under the Transfer amount column, type in the amount.
7. Under the Exchange rate, the exchange rate will automatically appear. You can manually change the rate.

Note: This article receiving and making payment for a foreign invoice/ bill in a foreign currency from Singapore. However, can be applied to all regions.

After performing the steps above, you can refer to this article to categorize and match online bank transactions in QuickBooks Online.

Feel free to read these articles for more information about multiple currencies. 

• About exchange rates.
• Enter and use your exchange rates.

Feel free to reply to this post if you have further questions about matching transactions with different currencies. I'll be happy to lend a hand. Have a good one!