How to set up multi currency in Webgility Online
Overview: If your QuickBooks supports multi-currency and your online store receives orders in various currencies, it's crucial to configure settings in Webgility to accurately record specific currency orders to the corresponding accounts in QuickBooks.
Steps
To set Up Multi-Currency in Webgility Online, follow these steps:
1). Go to Settings> Accounting to access the configuration settings.
2). Ensure that, for the relevant store, the following currencies align:
Customer Currency
Accounts Receivable Currency
Deposit Account Currency
For example:
For Amazon US, the Customer currency, Accounts Receivable currency, and Deposit account currency should be set to USD.
For Amazon CA, the Customer currency, Accounts Receivable currency, and Deposit account currency should be set to CAD.
For Amazon MX, the Customer currency, Accounts Receivable currency, and Deposit account currency should be set to MXN.
3). Similarly, under the Fee Settings, ensure the Deposit account, Payee, and payment account are in the same currency as the store currency.
By adhering to these settings, you ensure accurate recording of multi-currency orders in Webgility, including the associated expenses and fees.
Transaction settings
Customer settings
Customer currency in QBO
Fee settings
If you encounter any challenges or have further questions, please contact our support team for assistance.