Xero Multi-Currency Training

Connect with Heather Smith http://www.heathersmithsmallbusiness.com/ If you need to exchange currencies you could try this solution that integrates with Xero : https://heathersmith-tracked.transfermate.com/en/register_corporate.asp (AL) let me know how you get on. Hola in this session I am going to cover one of my favourite topics Multi-currency. I am going to look at • Xero file with multicurrency features • exchange rates • currency gain or loss • foreign currency feeds • contacts • tax rates • invoicing • billing • reports It's assumed in this session you have a basic knowledge of Xero, including creating contacts, sales, and purchases. So I won't spend a lot of time orientating you on my movements -- however I aim to thoroughly explain all aspects of multi-currency as it applies to Xero. This information is of a general nature, and you should seek advice for your own specific circumstances! If you need further assistance with Xero visit http://heathersmithsmallbusiness.com

Comments

1. So nice explanation
2. Probably the best video on multicurrency support in Xero I've seen. I struggled a lot to understand how exactly it works but it's much more clear now. However, on 28-29 min when you explain how to add customs bill, how do you allocate these costs to the items you received? I found it can be done with manual adjustments but it seems too complicated and error-prone
3. Thanks for the effort it's very good
4. Great and helpful video, thank you. A small mistake 1 australian dollar is 56.2661 indian rupee