Sending invoices or quotes in different currencies is easy.
Click HERE to see the list of currencies aside from Australian Dollars.
How to send an invoice or a quote using a different currency
1) Select an existing client or create a new client record by navigating to Clients > New Client
or use the quick link on the dashboard to add a client
2) Complete the fields and select the currency to use on that client's invoices
NOTE: To learn more about adding a client manually, click this LINK.
3) Click Save client
All invoices and quotes will default to the currency selected in the client record.
GST can also be added when needed
Rounded also makes it possible for international clients to pay using credit cards using Stripe. Click this LINK to learn more.
You can also see an approximate live currency conversion on the dashboard. For example, if you send an invoice in GBP
Rounded will approximate the Australian Dollar equivalent.
Rounded uses Open Exchange Rates to estimate the corresponding AUD. Because banks offer different exchange rates and fees, the final $AUD amount must be added manually.
Using Bank Feeds helps as the conversion rate and $AUD equivalent will be included in the transaction description.
NOTES:
Please speak to the ATO or an accountant for specific advice on whether or not you need to include GST on invoices you issue in a foreign currency
For more information, click this LINK - a help article from the ATO.
Remember to download the Rounded mobile app!
