New invoicing - Edit exchange rate
It is currently not possible to change the exchange rate used in the new invoicing screen, when invoicing in a foreign currency. You have to switch back to classic invoicing to correct it to the monthly rate we have entered in settings.
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Hi everyone, we appreciate the need for our customers that send invoices in foreign currency to be able to edit the exchange rate within new invoicing.
Our product team are working on this capability at present and we hope to have it with you all in the coming weeks.
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Doni Doni commented
We feel very disappointed that we are still unable to edit the exchange rates in the new invoicing. Can you please provide any update? Can you please add the edit function back to new invoicing? because we need to change the exchange rate from 6 decimal into 10 decimal
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Penny Lee commented
We feel so frustrated and very disappointed that we are still unable to edit the exchange rates in the new invoicing. Can you please provide any update? Can you please add the edit function back to new invoicing?
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Antony Parsons commented
This is absolutely critical for us! We have to edit the exchange rate that was set by PAYPAL. Not XE! When will this feature be back? You shouldn't just remove things like this. After your never-ending price hikes you would think you be adding features!!!
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Pam Laidler commented
AS there are so many items that need adjustment on your new invoicing including this one, I suggest Xero extend the time frame that Classic Invoicing is open to to perhaps December 2024. Hopefully that way the programmers will have time to sort out all the items that have been highlighted by users. After all its users who are important
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Pam Laidler commented
With the new invoicing display it has taken the ability to edit the exchange rate once the invoice has been saved. When a client has received payment on invoicing the exchange rate taken is the current days one, which is not what some of us want. This puts, sometimes, large amounts in the exchange rate loss/gain account, which again is not want some of us want. There are various methods to use that are acceptable to the ATO and Xero is only giving us one method, which I believe it incorrect.
Please put the option back to edit the exchange rate on foreign currency invoices.
Thank you -
Laura Ning commented
Please also add the facility to amend the exchange rate even against a partly paid invoice, as the exchange rate will vary between the time the deposit received and balance paid. Thanks
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Steve Guinness commented
Not sure why Xero has taken away this feature, moving backwards by leaving off features in new roll outs that customers were using is not a good plan from the Product Manager. It was one editable field, fairly simple code that. Please add it back asap. Thank you.
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Tamara Chapman commented
When posting a payment for an invoice in USD $ (standard UK currency GBP) the payment asks for a FX Rate on the old invoicing you could see the FX rate - but on the new invoicing you cannot. It would be good to see the FX rate rather than having to add another step and go to xe.com to get a rate
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Laura Ning commented
It is essential for our export business to be able to amend the invoice exchange rate. Using XE rate provided by your system totally throws out our NZD figures. Please ensure this feature is added to your new invoicing platform before Classic Invoicing is discontinued.
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Sarah Jacobs commented
And the currency doesn't appear at all on the new invoicing screen. I need to know what currency each invoice is using.