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A
AlexW29
April 4, 2022
Solved

Can you add foreign currency transactions via the Receipts function?

  • April 4, 2022
  • 2 replies
  • 0 views
I have created suppliers which are set to their correct currencies, but when I select the supplier in the Receipts centre it tries to add the transaction in GBP and then tells me the transaction is in the wrong currency.
Best answer by JaeAnnC

Thanks for joining in on this discussion.

 

I understand the urgency of having the feature to add foreign currency transactions via receipts. At this time, there's no set date for when this option will be available in QuickBooks Online (QBO). While we appreciate your input, it is subject to review and approval by our software engineers. 

 

For now, you can track the status of your suggestions by visiting our Customer Feedback page.

 

In addition, I've got you this article so you can manage foreign currencies seamlessly: Set up and use multicurrency in QuickBooks Online.

 

Let me know in the comments below if you have more questions about multicurrency. We're always available to answer your queries. Stay safe!

2 replies

G
GeorgiaC
April 4, 2022

Hi AlexW29, thanks for posting - the receipt function does not currently support multicurrency, this must be in the same currency as the bank account that they are uploaded to.

A
AlexW29Author
April 4, 2022

GeorgiaC, thank you for the reply. I am trying to add the transactions as Bills (therefore not uploading to a bank account) but assume that multicurrency is also not supporting in this instance? Is this something that is being developed as I have found the Receipts function very basic since it was introduced.

G
GeorgiaC
April 4, 2022

Thanks for getting back to me! Once multicurrency is enabled bills can be raised in any currency, are you attempting to categorise this against the default creditors GBP account?

G
GeorgiaC
October 3, 2022

Hi Monika, thanks for joining this thread - receipts uploaded via the banking mechanism can only be imported in the home currency of the QuickBooks account. We do appreciate this is a limitation and we've passed feedback to our developers for the support of multi-currency. 🙏

A
Anonymous
April 7, 2023

This is a really part of Quickbooks and makes life a real pain when travelling with foreign expenses!  What’s is the status of this feature?

JaeAnnC
JaeAnnCAnswer
April 7, 2023

Thanks for joining in on this discussion.

 

I understand the urgency of having the feature to add foreign currency transactions via receipts. At this time, there's no set date for when this option will be available in QuickBooks Online (QBO). While we appreciate your input, it is subject to review and approval by our software engineers. 

 

For now, you can track the status of your suggestions by visiting our Customer Feedback page.

 

In addition, I've got you this article so you can manage foreign currencies seamlessly: Set up and use multicurrency in QuickBooks Online.

 

Let me know in the comments below if you have more questions about multicurrency. We're always available to answer your queries. Stay safe!

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