Foreign currency Supplier Payments using a GBP bank account (new method)

Reconcile Foreign currency Supplier Payments using a GBP bank account

The scenario is:

  • You add a Purchase Invoice for $5,340.70 in Jan when the exchange rate is 1.20
  • You pay the supplier in full, £4,108.23, in Feb and are quoted an exchange rate of 1.3000 by the bank.
  • There are additional £5 fx charges applied

 

 

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