Receipt Snap Function

Hi blake14,

It's great to see you using the Receipt Snap feature in QuickBooks Online. Using this feature speeds up the process of creating expenses and bills, giving you more time to do what you love. I can help answer your question about recording the correct currency for your transaction.

For receipts that are in US funds, you'll enter the amount in the Total amount field. When creating suppliers, you can set them up as being paid with USD or CAD funds. In creating the transaction, you choose the supplier, and QuickBooks Online records the transaction in the currency the supplier is paid with. Receipt Snap may record the transaction as an equal exchange so I recommend checking on the rate to make sure it's correct. If you see the exchange rate needs to be edited, you can open the transaction to make the changes.

In the Mobile App:

1. You make the edit by going to Receipts.
2. Click Reviewed.
3. Choose the receipt you wish to check.
4. Enter the correct exchange rate if needed.
5. Click Save.

Or if you're using QuickBooks Online in your computer browser:

1. Go to Transactions in the left navigation menu
2. Click on the Receipts tab.
3. Go to the Reviewed section,
4. Select the linked transaction, and then edit from there.
5. Enter the correct exchange rate. You will see the exchange rate box under the supplier.
6. Click Save and Close.

Your Canadian amount should now reflect the amounts from your transaction.

If you need further assistance, just reach out. I'm here to help. Have an amazing day!