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Feb 1, 2021 5:47 PM UTC
Question

Hi, I would like to know how to enter multicurrency purchases expenses into QB. let's say I made a purchase for 40€ ex-VAT, with 20% VAT and £0.17 for exchange fee. Thank

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1 reply

JessT
Feb 2, 2021 1:59 AM UTC

Welcome to the QuickBooks Community, Laurasc20!

 

I'll show you how to record your transaction in QBO.

 

You can record your purchase with VAT the usual way. Then, add another line for the exchange fee it's included in the transaction. If not, you can record it as a separate transaction.

 

 

On the other hand, you can find more references for QBO by clicking on Help and searching for the topics you like.

 

We're just around if you have other questions in mind.