Payment bill in another currency
Hello, please help with muilti currency transaction.
The company keeps records in 3 currencies:local currency,USD&EUR. Invoices, bills and payments mostly in USD and EUR
Often there are situations when you need to pay bill in EUR, but there are no funds on this account, but there are in USD account
The bank allows to pay EUR bill in USD – writes off the required amount at the cross rate
The question is how to book this operation in QuickBooks – money was paid from USD account – and how to take this payment to EUR bill.
