How can I issue an invoice with the home currency along with another foreign currency in the same invoice?

Forum|Forum|4 years ago
November 16, 2021
1 reply
2 views

Hello,

Here in saudi Arabia there are a new regulations regarding invoicing, as they now obliging the companies to mention the VAT amount in the saudi currency whatever the base currency in the invoice.

The issue comes when I issue an invoice with USD currency. How can I make the VAT amount in other currency ??

Or can I add another column in that invoice for the Saudi currency, especially the VAT amount ??

I am using Quickbooks desktop version.

Thanks

QuickBooks Desktop

Jen_D

Level 8

It's great to see you here, @MoH.

I can share some information about the preference you're looking for in QuickBooks Online invoices. At the moment, the columns on the sales's transactions are non-customizable.

If you want to add additional info on the customer's invoice, you can use the Description field. Also, regardless of the customer's currency, the system will apply tax on every sale. See this:

I'm leaving a few related links to help you out with this topic:

Please visit us if you need further support for QuickBooks invoicing and other topics. I am here to help you out too. Have a nice day!

M

MoHAuthor

Hi @Jen_D

Thanks for your below reply, but actually I am using Quickbooks desktop version. Not the could base.

The effective date of this new Saudi regulations is 4th of December 2021 and unfortunately it is Mandatory for All the companies working in Saudi Arabia !!

Can you please advise how we can manage this requirment in the invoice (VAT to be in Saudi currency), Or eventually we will be forced to replace the Quickbooks system with another financial solution, to avoid the penalties ?

Thanks,

Mohamed

C

CharleneMaeF

QuickBooks Team

I know it's important to meet the new requirements for invoicing and VAT regulations in Saudi Arabia, MoH. I'm here to share some details about this matter.

As of now, the structure of the specified invoice template isn't yet available in the system. In the meantime, I'd suggest adding the VAT amount in the Description column of the invoice.

For your visual reference, I've attached a screenshot below.

Additionally, I've added an article that'll help personalize your transactions. Please note that this is a US article but works with other regions: Use And Customize Form Templates.

I'm only a few clicks away if you need assistance with your other QuickBooks tasks, MoH. It's always my pleasure to help you out again.

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