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Inventory - Create Inventory Items in multiple currencies

Ability to have multi-currency for inventory in Xero.

Purpose: To make invoice and purchase tracking easier, because this feature will allow users to enter different currencies when they’re buying and selling the item.

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AdminXero Team (Admin, Xero) shared this idea  ·   ·  Report…  ·  Admin →
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  • Peter Nunn commented  ·   ·  Report

    While xero supports multi-currencies the product feature does not.
    I would like to see the ability to add a price book to xero that can be assigned to a product.
    For example we sell product A in NZD, and USD having a price book called NZ Prices and US prices would work.
    Doing currency exchanges does not work as these are fixed prices for a CPQ system.

  • Javier Gutierrez Abril commented  ·   ·  Report

    This is vital for my business; purchasing in USD and selling in GBP is horrible when the exchange rate is a rollercoaster.

    I have raised my prices to maintain the same profit, but this resulted in a larger fake (extremely fake) profit, which leads us to pay more tax.

    Please add this feature ASAP!

  • Lisa Coles commented  ·   ·  Report

    Would be extremely helpful for import businesses where almost all stock purchased is in foreign currency!!

  • Kalpna Patel commented  ·   ·  Report

    We purchase Items in USD but may sell to a UK customer so the price on the Product needs to reflect this currency

  • EMILIE MAI commented  ·   ·  Report

    That will be more accurate when calculating the cost and profit.

  • Brent Reed commented  ·   ·  Report

    Although our home currency is BWP we are a dollar based business and can't add items in USD so have to manually enter each line of the invoice

  • Sarah Jacobs commented  ·   ·  Report

    Yes! I have inventory items in multiple currencies, but this is not currently supported at all in Xero

  • Beatriz Cadenas commented  ·   ·  Report

    It is extremely necessary to have Inventory Items in multiple currencies! Please, add this feature.

  • Hanh Nguyen Hoang commented  ·   ·  Report

    Please add this feature, as we have invetories in foreign currency, but XERO does not provide any function to change the currency of invetory cost.

  • Elliot Street commented  ·   ·  Report

    This is an absolute must for any businesses looking to scale internationally. Hopefully this feature can be fast tracked as a lack of this will see user migrate to other providers which would be a shame.

  • Spencer Elbert commented  ·   ·  Report

    Hopefully we can see this feature soon along with this updated inventory system so our companies can make full use of it!

  • Becky Dwyer commented  ·   ·  Report

    This would be really useful, as my client imports inventory billed in both GBP and EUR. Better foreign currency functionality is required across the board!

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