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payment to vendors in Canadian dollar and US dollar

Posted by Merry Chen 
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Merry Chen
payment to vendors in Canadian dollar and US dollar
May 11, 2013 06:00PM
We have vendors both in Canada and US, we need to pay the vendors in Canadian dollar and US dollar respectively, we pay employee and office rental etc in Canadian dollars. Our income is in US dollar. How the software handles this situation?
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Michael Davids
Re: payment to vendors in Canadian dollar and US dollar
May 21, 2013 01:58PM
Hello Merry,

I am not 100% on this one.

You can set up vendors in multiple currencies
Edit / Preferences / Multiple Currencies

Then you will need to tag each specific vendor as Canadian if that is the form you are paying.
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