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supplier
November 16, 2022
Solved

how do you set up different products with different currencies?

  • November 16, 2022
  • 1 reply
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Hi, 

I have several products that I sell, let's say product A and product B. Product A and B are very similar with similar prices. Both products are sold within the UK to another company that resells them. Product A is resold within the UK, so I sell product A in GBP. Product B is resold in Europe, so the British company that resells it wants the invoice in EUR. How do I do that?

Best answer by AlcaeusF

Hello @supplier,

 

Welcome to the Community. I can assist you with your concern about the invoices in QuickBooks Online.

 

Your products and services on an invoice will automatically follow the customer's currency. The option to have two different currencies on a single transaction is unavailable.

 

If you set up a customer with Euro, the system will show the same currency for all your products. The only workaround is to create two profiles for the British company.

 

You can separate the invoice for the products you sell in GBP and Euro. Here are some screenshots for your visual reference about how the currency affects an invoice:

 

 

 

 

Additionally, we've prepared answers to some frequently asked questions about using multi-currency in QuickBooks Online. For your additional reference, please check out this article: Multi-currency FAQ.

 

Comment down below if you have more questions or concerns about the process. I'd be glad to help you out.

1 reply

AlcaeusF
AlcaeusFAnswer
November 16, 2022

Hello @supplier,

 

Welcome to the Community. I can assist you with your concern about the invoices in QuickBooks Online.

 

Your products and services on an invoice will automatically follow the customer's currency. The option to have two different currencies on a single transaction is unavailable.

 

If you set up a customer with Euro, the system will show the same currency for all your products. The only workaround is to create two profiles for the British company.

 

You can separate the invoice for the products you sell in GBP and Euro. Here are some screenshots for your visual reference about how the currency affects an invoice:

 

 

 

 

Additionally, we've prepared answers to some frequently asked questions about using multi-currency in QuickBooks Online. For your additional reference, please check out this article: Multi-currency FAQ.

 

Comment down below if you have more questions or concerns about the process. I'd be glad to help you out.

S
supplierAuthor
November 16, 2022

Thanks, my problem was that I originally set up the product B, stating that B cost is 10, so it assumed that it was 10 GBP, therefore, if left blank, no price set for the product, I set it to anything that I want, and it would be euros, in the invoice, as per customer currency.

C
CharleneMaeF
November 17, 2022

Yes, this is correct, supplier.

 

QuickBooks supports multiple currencies to help you do business with foreign suppliers, customers, or employees. I'd recommend checking out these articles for more details:

 

 

You can also check out our list of supported currencies to ensure you can track all the transactions accurately.

 

Please keep us posted if you need additional assistance in tracking your transactions. We're always here to help you out.

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