Purchase product in USD & sell in AUD

Question

We purchase product in USD & sell in AUD & not sure on how best to set this up to best capture exchange rates & be accurate. We mostly price the customer in USD, but then when invoiced out of Xero it handles the exchange.

We hope to use the subscriptions module to handle this if anyone has any suggestions

Cheers

We hope to use the subscriptions module to handle this if anyone has any suggestions

Cheers

Cybrosys Techno Solutions Pvt.Ltd · Answer

Hi,
Create two pricelist:-*Sale Pricelist and Purchase Pricelist*.
Those pricelists are automatically set in the Customer/Supplier form as a
Property. In the Purchase Pricelist form, Set your currency as USD and
In the Sale Pricelist form, Set your currency as AUD. Now, whenever you
will create a Purchase Order/Sale Order, it will automatically consider
related pricelist currency for the process. Hope this will help you.
Hope it helps

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