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Replying to:
LieraMarie_A
QuickBooks Team

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Not to worry, @supplier.

 

With the Multicurrency feature turned on, you can pay and get paid in the foreign currencies of customers, vendors, or bank accounts that don't use your home currency (GBP). QuickBooks will automatically convert the EUR value to GBP.

 

As a result, if you deposit money into your Undeposited Funds - GBP account that was paid to you by a client in EUR, the money will be converted to GBP.

 

I'm also adding these resources for additional information:

 

 

Don't hesitate to post again if you have further concerns about recording payments in QuickBooks. I'm always glad to help you.

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