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garfield1
March 26, 2020
Question

Multi-currency invoicing in USD and CAD

  • March 26, 2020
  • 2 replies
  • 0 views

We are a Canadian company with CAD and USD customers. The home currency is CAD. I have to invoice CAD to Canadian customers and USD to US customers. I set all customers in these 2 categories, no problem. But when I tried to set CAD or USD in products and Services, I cannot. It is only in CAD. Is there a solution for this? I need to have USD in my product list for invoicing our US customers.

2 replies

JasroV
JasroV
March 26, 2020

Hi there, @garfield1.

 

The option to set a foreign currency in your Product and Services is not available in QuickBooks Online (QBO).

 

I'll take note of this feature request for future enhancement. In the meantime, you'll want to go to our Apps menu and search for a third-party app that has the feature you need. 

 

I also encourage checking our QuickBooks blog page to know about the latest features and updates in QuickBooks.

 

You can also check our Help articles page to read and learn some best practices in managing your QBO account. From there, you can read helpful articles that can guide you in your future tasks.

 

Should you have other concerns or questions, you're always welcome to post here anytime. Have a great day and take care!

C
canadian456
May 9, 2023

Hi there,

 

Has quickbooks figured out how to switch currencies yet? It's been just over 3 years now since you received the feature request - is this function ready?

 

Regards,


Gabe

    Fiat Lux - ASIA
    Fiat Lux - ASIA
    May 9, 2023

    @canadian456 

    What do you mean with "switch currencies"? Do you need to change your home currency in QB Online or else?

    Fiat Lux - ASIA
    Fiat Lux - ASIA
    March 27, 2020

    @garfield1 

    You may have 2 options:

    1. If you are a wholesaler trading goods, consider having an inventory management app with B2B feature. You may set multi-currency list price for your customers. You may start exploring these apps

    http://www.primaseller.com/?utm_source=Affiliate&fp_ref=primaseller

    https://go.tradegecko.com/register?code=fiat-lux

    https://www.zaperp.com/ref/25/

     

    2. Explore this payment service to deal with multi currency transactions. It supports QBO. You may release invoice and get paid in CAD, and your customer will pay it in their local currency (e.q US customer pays in USD).

    https://veem.grsm.io/veems

    Terms & ConditionsAccessibility statement