Importing of goods

[Brucanna]

@jacekm

I just thought it was somehow possible to do that without excel.

I am no specialist on this but if I understand it correctly then under Setting - Base Currency - set that to ZAR. Now you can go and Edit your Supplier to EURO. Then for the date of the Invoice go to Setting - Exchange Rates and enter the rate EURO/ZAR. Now process your Purchase Invoice in EURO amounts and the Inventory will be converted to ZAR. Read Here

Enable multiple currencies

If your business has accounts in multiple currencies, the first step to enabling multi-currency is to set your base currency. Go to the Settings tab, then click Base Currency. Once you set your base currency, all your existing accounts will be set to the denominated base currency. When you edit your existing accounts or create new accounts, you will have the option to select the currency the account should be denominated under. Currently it’s possible to set foreign currency for following acco…

Note: for each new Invoice add a new exchange rate, DON’T edit an existing one as that will change previous invoice calculations. Set up a Test Business and try a few transactions out.

@jacekm

Goods are multiple items on the order/invoice and multiple of line items

Normally the Freight-In feature can be entered as one line and Manager will spread the cost over multiple items but that’s in the same currency. As yours Freight-in’s are in USD & ZAR, perhaps those amounts need to be converted into EURO for the Inventory Invoice processing - some again use the Test Business with some transactions

Allocating freight-in to the cost of inventory items when purchasing

When purchasing inventory items, freight-in represents the transportation cost associated with the delivery of goods from a supplier. For accounting purposes, the recipient adds this cost to the cost of the goods received. Let’s say you purchase an inventory item which has a $20 delivery fee. Rather than posting the $20 delivery fee to an expense account, you can add this cost to the cost of the inventory item. [image] By not entering anything into the Qty field of the second line item, the …