ITEM PRICES IN DIFFERENT CURRENCIES (USD AND OTHER)
Hello, the idea is to have items priced in usd as well as items priced in your local currency. It would be great if we could have items priced in different currencies, mostly in the latin american market, where all the import goods need to be priced in usd.
Nowadays zoho lets you decide whether a client is priced in local curreny or other (usd) but it is useless if the products cant be priced in usd. it makes me have to work on pricing of my articles every week, it is time consuming and a cause for mistakes.
Hi Mayri,
We totally understand your requirement. If a customer belongs to a currency other than your base currency and you invoice them, exchange rate will be applied to the item rates so that the customer is invoiced in his own local currency.
However, if you do not want the exchange rates to be applied and you want the item prices itself to be in a foreign currency (USD, in your case), it’s possible using a workaround:
1. You can create a price list and choose to “Enter the rate individually for each item”.
2. After this, choose the price list currency to be USD and enter the USD price of the required items and save it.
3. Now, associate the price list to all the customers you wish to. (Select the contacts using checkbox to the left of each contact > Select “Bulk update” > Choose the price list > Save).
4. Once this is done, the newly created price list would be linked to all those customers. Whenever you invoice them and pick any item that’s a part of the price list, the USD rates will be populated automatically.
To know more on how to create price lists, you can refer this link as well:
https://www.zoho.com/invoice/help/items/new-pricelist.html
If you have any further questions, you can reach out to support[at]zohoinvoice[dot]com. We would love to assist you!
Cheers,
Reshma.