Cases of using different currencies in integration: how it impacts QuickBooks and Precoro


  • Can I change the supplier's currencies in Precoro if this supplier is integrated with QuickBooks?

If a supplier is integrated with QuickBooks, you cannot change currency (QuickBooks does not allow to change a supplier's currency). If you need to change currency — you can disable a supplier in Precoro and create a new one with all necessary configurations.


  • What happens while integration if the main currency in Precoro differs from the home currency in QuickBooks?

You can still set up an integration. The home currency from QuickBooks will be added to your additional currencies in Precoro. 

Please, note: suppliers with different currencies in Precoro and Quickbooks can't be synced/mapped if multicurrency in QuickBooks is disabled. We also can't integrate suppliers with two or more currencies. 


  • Multicurrency in QuickBooks is enabled. What happens if I import suppliers from QuickBooks with currencies which are not in the currency list in Precoro?

Your suppliers will be imported successfully. All missing currencies will be added to the currency list in Precoro, as well as will be added to imported suppliers. 



Managing payments:


  • How can I manage payments if Invoices are in additional currency, but I need to display them in QuickBooks in my home currency?

Please, note: multicurrency must be enabled in QuickBooks

In this case, you need to do some steps:

  • Find the bill you need to be paid in QuickBooks and click "Make payment" or "Mark as paid"
  • Then select a Bank/Credit account for payment in your home currency
  • There will be two amounts at the bottom of the payment page - in the home currency and an additional one.
  • The bill is withdrawn in home currency (the exchange rate is taken into account), and the amount of payment to this account will be displayed both in home and additional currencies. 
  • In the Transaction Journal, this transaction will be displayed only in home currency.