Setting Up Multi-currency in QuickBooks

Multicurrency is an option that is used whenever you need to charge your customers in multiple currencies.
In this article we'll be discussing how you can use the multicurrency functionality of OfficeRND with QuickBooks.

Note: Only one currency can be used per customer, if you're going to sync their invoices to QuickBooks.
Issuing an invoice with another currency to the same customer will result in a sync error.

As a workaround you can create a second company that uses the other currency, if you need a single customer to receive invoices in multiple currencies.

How to Set Things Up

  1. First you can take a look at our main article on how to set up multi-currency in OfficeRND.
  2. You can then take a look at this article from QuickBooks on how to set up multi-currency in OfficeRND.

After you've completed everything above you'll be able to use multi-currency with QuickBooks.

Issuing Invoices with Multi-Currency and Syncing Them

Now that you've set everything up you can start invoicing companies and members that are going to be charged using a different currency.

Here's the steps that you can follow in order to invoice someone with a secondary currency:

  1. Create a company/member or go to the profile of an existing company/member.
  2.  Take a look at the option to set up a currency specifically for a member/company
    By using this option any future invoice you issue will use the preferred currency.
  3. Once you've set a currency specifically for the client you can go ahead and manually add an invoice.
  4. Sync the invoice to QuickBooks.

Alternatively you can specify the currency of an invoice while adding it manually:

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However this isn't really preferable, since you'll have to set the currency manually every time.
Because of that and also because only a single currency can be used for invoices if you're syncing them to QuickBooks, we suggest you use the method explained in the steps above.

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