Hello Team,
I have a quick question regarding the US dollars bill.
I purchased the items, and they bill me the invoice in US dollars, and I pay them in US dollars as well.
my question is : When I enter Bill, How do I make the currency as US dollars, not US dollars convert to Canadian dollars.
Thank you again, to make sure that I am on the right tack.
One more thing, cause I click accounts payable account, and the US dollars covert to Canadian?
Hello again. When you turn on multicurrency and use it, the program should automatically create all relevant accounts, including the accounts payable related to your foreign currency vendors. For instance, with your USD vendor, the program will have created an account for that currency and the funds there should be reflecting the USD amount from the transaction.
If you happen to be looking at your reports, the funds will appear in CAD funds. This is because QuickBooks Desktop reports are not equipped to show multiple currencies on one singular report.
Let me know if that helps with what you're seeing now.
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