How to handle multi-currency invoices where fx happens 1 month after payment?


I have a British Limited company and a European customer. I have emitted EUR invoices and got paid in EUR.
A month later, I have done currency exchange with my bank.

I’m trying to record the payment in ERPNext, but it’s expecting the payment to be in GBP.

How can I record the initial payment in EUR, then the FX from EUR to GBP in ERPNext?


You would have to book at Journal Entry between the account you are paying from and a gain/loss account based on weather you have a forex gain/loss.