My supplier bill me in different currency

Modified on Wed, 14 Aug at 6:35 PM

First enable currency that is related to your business
Add new Purchase Invoice
Fill in invoice details
Select Currency from currency column
The total amount has auto calculated to the new currency
How to calculate currency in your total billed amount?

• Example: Invoice Amount: USD 5,000

• Total Billed Amount in MYR: MYR 22,000

• The balance due will be calculated in MYR
• If you enter USD 5,000 in the “Paid” field, the system records this as MYR 5,000.

• There will be balance due 17,000.

• Rate: MYR 22,000 ÷ USD 5,000 = MYR 4.40 per USD
• Formula: Amount Paid (MYR) ÷ Invoice Amount (USD) = Live Conversion Rate.
Make sure to fill in the currency details accurately based on these calculations.