Goal:
Ensuring QBO currency is setup
What is the best practice for currency exchange rates when syncing to QBO?
Answer:
The Procurify currency rate does not sync over to QuickBooks Online. It needs to be set within QuickBooks Online. Learn how to set up currency rates in QuickBooks Online.
When a Bill is synced to QuickBooks Online, the original currency is synced only. Customers must then use QuickBooks Online currency conversion to have the most up-to-date rate. The reason behind it is that Procurify does not have a live currency conversion and therefore, the amount to the base currency is not always accurate