Multi-currency operations need clear amounts and dates
Work in your customer’s currency while keeping the exchange rate and company-currency value clear in your accounts.
20 USD invoice →26,000 IQD ledger
Work in your customer’s currency while keeping the exchange rate and company-currency value clear in your accounts.
| Workflow step | What you can see |
|---|---|
| Invoice currency and amount | 20.00 USD; unpaid 20.00 USD |
| Rate direction/date | 1 USD=1300 IQD;3 October 2026; example |
| Ledger posting | Debit receivables 26,000 IQD; credit sales 26,000 IQD |
| Settlement and later changes | No payment/rate-change/credit scenario is shown; validate those separately |
1 · USD document and explicit rate
An example USD 20 invoice uses a rate of IQD 1,300 per dollar. The invoice keeps its original amount and exchange rate together.
2 · Posting into the IQD ledger
The example converts USD 20 to IQD 26,000. Linked entries debit receivables and credit sales by the same amount.
