Free Trial

Safari Books Online is a digital library providing on-demand subscription access to thousands of learning resources.

  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Part II: Daily Entry Tasks > Chapter 10: Working with Multicurrency

Chapter 10

Working with Multicurrency

In This Chapter

arrow Turning on multicurrency

arrow Managing currencies

arrow Selling and buying in a foreign currency

arrow Checking whether you came out ahead

You won’t be surprised to hear that QuickBooks makes it very easy to track what you sell and buy in a foreign currency. You can assign a currency to a customer and raise an invoice that shows the prices of your items in a foreign currency. When your customer pays, you can record the payment in the foreign currency and deposit the money into a foreign bank account. The same goes for purchases made in a foreign currency – you can show the value of the bill in a foreign currency and pay your supplier from a foreign bank account, in the currency of the bill. In this chapter, we show you how.


  

You are currently reading a PREVIEW of this book.

                                                                                                                    

Get instant access to over $1 million worth of books and videos.

  

Start a Free Trial


  
  • Safari Books Online
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint