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  4. Enter Invoices in a foreign currency
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  2. All You Can Do with Reviso
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  4. Enter Invoices in a foreign currency

Enter Invoices in a foreign currency

In Reviso it is possible to create or register invoices for customers and / or suppliers in a foreign currency. In addition, Reviso offers you the exchange rates updated at all times based on the date of your transaction.

How to create a sales invoice in a foreign currency

To issue an invoice in a foreign currency in Reviso, you will simply have to select the currency you wish to use in your invoice at the time of creation.

The way to create the invoice will be the same as that used to create an invoice with your base currency. Here you can see step by step how to create an invoice in Reviso.

The only area you will need to change is the Currency box held in the Additional Information section.

By opening this section you can change the currency to be applied to the invoice. When changing the currency, you will see that an additional field appears with the exchange rate corresponding to the day on which you are registering the invoice.

You will also see the total amounts at the bottom of the invoice entry screen are shown prefixed with the currency selected and if you preview the proforma or draft invoice, the currency code will appear against the total of the invoice.

The following steps are exactly the same as for an invoice raised in your base currency. You can save it, send it to the client and, finally, post it if everything is correct.

In your accounting , the accounting record of this invoice will be created automatically, making the change to the base currency that you normally use for your company reports and maintaining at the same time the amount in the foreign currency used.

How to post a purchase invoice in a foreign currency

To register a purchase invoice in a foreign currency in Reviso, you will simply have to select the currency you want to apply to your invoice at the time it is registered.

The way to register the supplier invoice, or purchase invoice, will be the same that you use to register an invoice with your base currency. Here you can see step by step how to register a supplier/purchase invoice.

The only difference is you will need to click on the Currency field when you are entering the purchase invoice and select the currency required.

When changing the currency, you will see that an additional field appears with the exchange rate corresponding to the day on which you are registering the invoice.

The amounts recorded will be amounts in the foreign currency. Then, in your general accounting, in your journal and reports, you will see that the amount is automatically converted to the amount in your base currency, the currency in which you usually enter and report in for your company.

Updated on October 2, 2020

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