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Former Member
Jan 08, 2008 at 10:50 PM

Foreign Currency Payment

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Our company is in Sydney Australia, there is one invoice issued to our customer is in USD currency, one day, my boss came and said the customer wants to pay us equivilent AUD, and check with me, any effects from Accounting, I told him we still record the exchange loss and gain in the system, he seems quite doubt about it, Can anyone tell me is there anything wrong with it? Can we receive payment in AUD?

Thanks