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S
SGI
April 9, 2020
Question

Multiple currency prices and multiple prices for same item

  • April 9, 2020
  • 4 replies
  • 0 views

Hello,

We sell in UK and internationally. Prices are not direct conversion, but fixed prices in different currencies - i.e. same item with same SKU is priced at 20 EUR to a customer in EU and 16,50 GBP to a customer in UK. How do I add different prices with different currencies for sales to different countries?

 

Also - how do I set up individual prices for particular clients? Some clients buy wholesale with shipping from factory rather than warehouse, so they get special prices. Others get lower prices as part of the deal (like advanced pre-order). Again, this happens in several currencies.

    4 replies

    G
    GraceC
    April 9, 2020

    Hello there, @SGI.

     

    You need to set up multicurrency for your account to assign foreign currencies to customers. Whenever you create an invoice, it will automatically apply their currency.

     

    Here's how:

    1. Go to the Customers tab.
    2. Click New customers.
    3. Fill up the Customer Information window.
    4. Click the Payment and billing tab.
    5. Click on the drop-down under This customer pays me with, and select the correct customer currency.
    6. Click Save.

    To give you more insights with multi-currency in QuickBooks, please refer to these links:

    Keep me posted in the comments if you have any other questions. Always got your back here in the Community.

    S
    SGIAuthor
    April 14, 2020

    Hello,

    I have turned on multicurrency and assigned currencies to clients.

    The issue is not with clients, it is with goods prices.

    I have separate pricelists for UK and for EU. EURO prices are not direct conversions of GBP price into EUR. Again EURO price is not GBP price at exchange rat. Instead, EURO prices are set separately. 

     

    So, what I need to do is to set 2 or more different prices for the same SKU (product) - a price for UK, a price for EUROzone, a price for export to outside of EU in USD etc.

      Fiat Lux - ASIA
      Fiat Lux - ASIA
      April 15, 2020

      My answer is same. You can only have one listprice in QBO. You have to use the B2B portal available in an inventory management app should you need to manage multi-currency listprice.

      Fiat Lux - ASIA
      Fiat Lux - ASIA
      April 10, 2020

      If you are a wholesaler and trading goods, consider deploying an inventory management app with B2B portal. You can setup multi currency prices for a same item and assign a specific price for a specific customer. You may start exploring from these apps

      http://www.primaseller.com/?utm_source=Affiliate&fp_ref=primaseller

      https://go.tradegecko.com/register?code=fiat-lux

      https://www.zaperp.com/ref/25/

       

        D
        DeMexico1
        June 25, 2020

        Hello, we've just gone onto quickbooks online from Pro and want to sync it with a Shopify store. Like you we are looking into setting in Quickbooks both wholesale and retail prices. Did you have any luck working out how it can be done or like suggested here it is only possible via an app. 

        Thanks in advance for any suggestions

         

        B
        Becky29
        June 25, 2020

        Hi Demexico1 Welcome to the Community.👋, As its third party, the only way to sync would be to take out the app via the app store on QuickBooks. Regards 

        C
        cocowalla
        July 4, 2023

        @SGI 3 years on, and I still see no way to do this in Quickbooks 😞

         

        Were you able to figure out a workaround?

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