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Multi Currency and Connect

Multi currency compatibility with Connect options

Updated yesterday

Edition: Enterprise

User-level: Director, System Administrator


Foreign currency invoices can be synced to Xero or QuickBooks Online (QBO) using Synergy's Connect feature.


Set Up Foreign Currencies in your Accounting System

Before using Connect to sync invoices, ensure that foreign currencies are set up in your accounting system.

If they are not set up, they will not be synced.


Syncing Invoices to your Accounting System

Sync foreign currency invoices to Xero & QBO in the same way you sync invoices in your base currency.

From the Organisation dropdown menu, go to Connect to Accounting and select your accounting system (available for Xero Connect and QBO Connect only).

Set an Export From date, then click Sync to transfer invoices to your accounting system.


Foreign Currency Payments

Foreign currency invoice payments can only be added through Synergy's Connect feature during syncing and cannot be added manually. When these payments are received, your accounting system will manage any exchange rate variances.

During the next sync with Xero or QBO, the payment will be imported back into Synergy and displayed within the invoice, as shown below:


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