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grant-laserverse
October 22, 2023
Question

I buy inventory from another country using their currency.I need to list the cost of the item in the originating currency and sell in the home currency. Is this possible?

  • October 22, 2023
  • 2 replies
  • 0 views
In the item/inventory setup, it shows Item cost in CAD, but I would like to see it in EUR. 
The EUR price for the item stays fixed, and I would like QBO to auto assign costs based on forex. At this time, If I list cost in CAD, I have to account for the fluctuations each time. 

2 replies

4
4Gal
October 23, 2023

You need to have a 3rd party inventory management app to keep the historical data in the original amount.

A
Amanda-B
October 23, 2023

Hey there grant-laserverse,

 

It's great to see you in the Community! Thanks for reaching out to us here. QuickBooks Online is a great software that can help you keep track of your finances. In addition to the information provided above, you can locate the APP store by simply clicking on this link. I hope this helps!

 

If you have any other questions, feel free to reach back out to us.

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