Hi guys, I'm trying to do my accounts but have run into an issue I don't know how to resolve.
All my invoices out are in Euros to German company.
However, I pay UK businesses like Solar and my accountants in GB Pound.
How do put one for invoices and different for purchases?
Thanks
Robert
Hi Robert
You can keep your main accounts denominated in UK pounds, but then issue an
invoice in Euros by clicking More Options > Foreign Currency in the invoice
window. When you receive payment in Euros, record an invoice payment in
full, then record a Money Paid Out transaction allocated to 'Bank Fees' to
account for currency conversion costs.
