I have a bank transaction in GBP for a payment to a supplier eg. 1000. the supplier has just one invoice still open ( to be paid) which is issued in EUR. Since I paid that invoice some days later the tax date, there is a LOSS in exchange rate for me . I need to register eg. 950 to supplier ( to allow me to figure out a credit /prepayment in his account) + eg 50 of LOSS in exchange rate. I can use the JOURNAL (samething else tab… BUT I cannot post the prepayment ot the supplier, so when I try to make a payment for the invoice that prepayment does not appear into the dashboard of the supplier. SOLUTION: if you would add a FIELD ( in which I could SELECT a supplier) into the journal close to the nominal account FIELD I could add the prepayment directly to the correct supplier WHILE I am posting the journal to account the LOSS in exchange rate.
Was the invoice recorded in the correct currency (EUR), and the bank transaction recorded in GBP?
If you’re using the multi-currency option in QuickFile, we will automatically calculate and record currency gains/losses when paying invoices.
It’s not possible at this time to split a multi-currency transaction into different areas (e.g. paying an invoice and a prepayment), so creating 2 transactions would be the correct way to account for this.
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