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Important considerations for foreign currency invoices Whenever you issue an invoice in a foreign currency, you need to ensure; Foreign currency invoices are legally compliant with your country's regulations. If compliant, your prices are accurately converted into the foreign currency using an up-to-date exchange rate.

Dual-currency invoicing simply means providing quotes and invoices in two currencies: one in U.S. dollars and another in a currency appropriate for the buyer.

There are two ways to handle this. You can set a fixed exchange rate for a specific period and post all your transactions at this exchange rate and revaluate your assets like bank balance and receivables and liabilities like payables at the end of the quarter/year or a specific period.

Whenever you issue an invoice in a foreign currency, you need to ensure; Foreign currency invoices are legally compliant with your country's regulations. If compliant, your prices are accurately converted into the foreign currency using an up-to-date exchange rate.

QuickBooks Online is able to issue Invoice/Bill in different foreign currency. However, when recording payment received/made, we are only able to use the home currency bank account or the bank account with the currency that matches the Invoice/Bill.

Whenever you issue an invoice in a foreign currency, you need to ensure; Foreign currency invoices are legally compliant with your country's regulations. If compliant, your prices are accurately converted into the foreign currency using an up-to-date exchange rate.

Related Definitions Invoicing Currency means the currency in which the Event Partner or Seller issues the invoice.