How do I match a single deposit received in my bank transactions with two foreign invoices? It only allows me to match with a single foreign invoice, not more than one.

I’ll guide you through an effective method for matching foreign currency bank deposits and two foreign invoices smoothly, GERTM.

QuickBooks Online (QBO) does not allow you to directly match a single foreign currency bank deposit to multiple foreign invoices simultaneously. However, you can still match the deposit to multiple invoices by processing them one invoice at a time.

When you match the deposit to the first invoice using the Find Match feature in the banking section, QuickBooks automatically creates a Receive Payment transaction. You can then open this Receive Payment transaction and select the other invoice to apply for the same payment.

Here’s how:

1. Match the deposit to the first foreign invoice via the Find Match option in the Banking tab.
2. Navigate to the Categorized section and open the payment transaction you just matched.
3. Inside the Receive Payment window, you can check the boxes next to the other invoice you want to apply the payment to.

I've included a screenshot below for your reference:

You may also find this article helpful if you want to run reports to track your multicurrency transactions and invoices: Run a report in QBO.

Please don't hesitate to reach out with any questions about managing your finances in QBO. Our QuickBooks Community team is always here to assist you.