Does a supplier use a currency that's different from yours? By default Turbo Inventory is multi-currency, so you can add the supplier and choose their currency in their profile. This lets you record transactions in the currency you pay them with.
Add a supplier with a foreign currency
- Click Suppliers
- Click New
- Enter the suppliers name and other info
- Under Currency select the correct currency for the Supplier
- Click Save
Adding documents (Payments, Purchase Orders, Adjustments) in a foreign Currency
- Click Purchase Orders
- Click Order Stock or Receive Stock
- Select your Supplier. When this is a foreign currency, a new Net amount with the the Supplier Currency
- You also have the ability to change the Exchange Rate
- You can now click Complete
Paying a supplier with a foreign currency
- Click Suppliers
- Click Pay a Supplier
- Select the supplier. You will now see two Amount Paid boxes, one in your currency and one in your Supplier Currency. All Purchase Orders will be displayed in your currency
- Pay the Invoices as required and you will see the payment amount in both currencies