Euro bank account and pay supplier in Usd
QuickBooks UKthe currency of my account and vendor are not same - how do I pay bill?
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d6XLUQ_t8r4kKlacwZ5xHE
10/22/11 11:26pm PDT
Viewed by asker 02/05/12 2:26am PST
Viewed by asker 02/05/12 2:26am PST
4 Replies
12/23/11 3:31am PST
The solution
Hi, The simplest way is to wait until know how much the payment actually cost you in your software base currency and then enter it into QuickBooks. On the assumption that the funds are being drawn from your bank account, you will be able to find that out quite quickly if you have an online banking connection.
Regards nd compliments of the season. If this reply solves the issue, please mark this question and answer as solved.
Chris Bales
Chartered Accountant and QuickBooks Pro-Advisor
Chartered Accountant and QuickBooks Pro-Advisor
01/29/12 7:46pm PST
Thanks a lot for your answer.
That worked out well - even though that day had 2 payments in USD and bank sold us different USD rate for each transaction ( QB takes 1 rate for each day :) as far as I checked.
,
01/30/12 9:36am PST
You can still enter the transaction rate on each transaction independent of the exchange rate set up for the currency if you wish.
