Foreign Currency Invoice Postings


Currencies lets you create Invoices that automatically post to Accounts for Currency.

Clicking the Posting information button on the Categories tab of the Invoice show this. Big Business posts the invoice in their currency to the A/R Currency account created.

Big Business posts the difference for the foreign currency amount to the A/R Currency Exchange account created. The net of these is the amount of Invoice in your currency.








Related:

Next: Foreign Currency Payment

  Chapter 152 Selling in Currencies

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