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How to close invoices?

Ashok_MarlaAshok_Marla Member Posts: 2

I create invoices to my international customers in US Dollars. But when they are paid, my bank in India reflects the transaction amount in INR ( Indian Rupees). If I try to close the invoice by mapping the invoice to the transaction amount, then it shows up twice in my income statement.
Is there a better way to close the invoices?

in Accounting Technical Support

Comments

  • AlexiaAlexia Member Posts: 3,314 ✭✭✭✭

    Hi @Ashok_Marla.

    There would be a way to do if the currencies of the payment and of the transactions matched, but at this time, it isn't possible. You'll have to accept a payment from your Invoice and manually delete the transaction imported from your bank.

    We are working on adding more support to businesses who operate in multiple currencies, but those features are not yet ready to be rolled out. I can't give you a timeline right now, but our engineers are working to bring better multi-currency support to Wave as soon as they can.

    edited February 21, 2018
  • Ashok_MarlaAshok_Marla Member Posts: 2

    Thanks for the information.

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