How can I add an Accounts Receivable account in a currency that is not my base currency?
Zoho Books does not provide an option to create an Accounts Receivable account with a currency that is not your base currency.
Related Articles
Why are Customer/Vendor Payments recorded against Unearned Revenue instead of Accounts Payable/Receivable?
When you receive an excess payment from a customer or record a single payment to multiple invoices, the payment is generally tracked under Unearned Revenue. Assume the case, where you receive $1000 from a customer. This is applied to 4 invoices, ...
Zoho Books - Why does the closing balance in the Customer Balances Summary report not match with the accounts receivable in the Balance Sheet report?
The accounts receivable section in the Balance Sheet report displays the outstanding receivables for the selected period. However, if you’ve recorded payment for transactions created for a future date, those payments will be tracked under unearned ...
What are the accounts that cannot have a sub-account or a parent account in Zoho Books?
Accounts in Zoho Books can either be created manually or could be system generated. Each account can have sub-accounts and parent accounts. However, there are few accounts that cannot have either of it. Here’s a list of such account types and account ...
Zoho Books Can I select my country as India, but have USD as the base currency? Yes, you can. In order to create an Organization with India as Country and Base Currency as USD, Create an organization with some other country name, say Singapore and choose the currency as USD. Once the organization
Yes, you can. In order to create an Organization with India as Country and Base Currency as USD, Create an organization with some other country name, say Singapore and choose the currency as USD. Once the organization has been created, click on the ...
Why do we need to use Base Currency Adjustments?
It is to have an insight on the profit or loss incurred due to the change in exchange rates and also can apply the changes to open transactions.