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L
leecarlsen
May 3, 2023
Question

QBO | Copy bill or invoice | USD Currency | Exchange Rate

  • May 3, 2023
  • 1 reply
  • 0 views

Hi all - I just wanted to raise awareness of a bug in QBO

 

We have foreign currency customers and suppliers

 

Currency is USD

 

We have regular, invoices that we simply copy - change minor details - date is automatically updated - then send

 

We have just noticed that the foreign exchange rate (FX) is also copied and NOT auto updated, even though the date changed.

 

The high risk (of forgetting) workaround is to change the date then change it back to the date you want in order to get QBO to update the FX rate with the relevant rate for the date on the invoice or bill.

 

Is this something that can be updated in QBO??  How do we notify the code writers/ programmers?

There is significant impact when reporting P&L

 

Regards,

Lee

1 reply

G
GeorgiaC
May 3, 2023

Hello Lee

 

Thanks for posting on the Community.

 

The copy function is designed to copy all details of the transaction - to edit the exchange rate, you'd need to do this manually or using the workaround described above. 

 

In addition to this, you may find the recurring transaction feature useful. With this, you can create templates for regular unscheduled invoices to be sent as an when needed by clicking the 'Use' button. You can edit the details of the template, including the invoice date, before sending to update to the current exchange rate. 

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