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Regulation

Booking invoices in foreign currency: rate and exchange difference

How to book an invoice in dollars or pounds, which rate to use, how exchange differences arise at payment and how AI detects and converts foreign currency.

Sebastian de Goeij 6 min read Updated

Short answer

Book a foreign currency invoice in euros at a rate, usually the invoice-date rate. If payment happens at another rate, book the exchange difference separately. Autoboeker detects foreign currency, optionally converts automatically and matches foreign currency payments.

Key takeaways

  • Use one rate method consistently.
  • Book exchange differences separately.
  • Check VAT treatment on foreign invoices.
  • Autoboeker detects and optionally converts.

How does Autoboeker handle currency?

It detects the currency, optionally converts automatically, and bank matching in Exact Online, Twinfield and SnelStart matches foreign currency payments.

FAQ

Questions about this topic.

Yes, with optional automatic conversion.

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