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This is a key feature to support multinational businesses.
There should not need to be a work around with additional manual entries, causing risk of error let alone admin time.

Please add this functionality soonest.

sorry not wish to use the clearing/suspense account to offnet the payment. this will be a double work for us.
coz since the subsciption we paid for premium.
it should be can recon for whatever currency. if not why still need to subscibe the premium plan.

We have similar situation, where base currency is in euro, invoices are in foreign currency such as gbp and payments are made from usd and we will need to use clearance accounts to convert these which make its difficult to work and time cosnuming

Currently, when a supplier invoice is recorded in one currency (for example, INR) but the payment is made from a foreign-currency account (such as USD), it can be difficult to reconcile the transaction smoothly. It would be very helpful if Xero allowed reconciliation of a payment made in USD directly against an INR supplier invoice, with automatic handling of exchange rates and clear tracking of any realised currency gains or losses.

This feature would be especially valuable for businesses working with international vendors and multi-currency bank accounts, as it would reduce manual adjustments and improve reconciliation accuracy.

HKD is our book base currency, For Instance, our invoice or bills is EUR, we receive/paid by GBP but we can not use GBP bank for reconcile directly. Pls fix

I agree. Xero being a multinational platform I am a little surprised they don't offer this feature already. But this is such basic feature for this day and age.

This feature is also what we need. I hope this can be added as it would be a huge help to companies managing different currency transactions.

Please add this. Having to use a work around in this modern day is ridiculous

We are also getting this case incresingly. Current we need to use "Clearing accounts" but it would make alot of sense to have the ability to reconcile payments and receipts that are not in the Organisation base currency.

Totally agree!! This should be a basic feature available for users. Hope more can support this idea to bring it forward.

Strongly agree on this!

Nowadays it is very common that companies having multiple bank accounts i in different currency + making payment for multiple currency bill from the bank account whichever has sufficient fund. If Xero does not allow us to do direct positing, I think Xero is outdated and will lose the customers since more and more companies are doing international business.

We have to travel to various different countries and if the expenses are not paid via our default EUR balance in WISE, then Xero would not allow to select a different balance than the default one.
For example, an Uber ride in Kenya is paid in KES and seemingly always converted from a USD balance, which is not our main balance. When trying to reconcile, this has to be converted to EUR even when it was paid with USD balance. Loops and hurdles!

As we have multiple currency bank accounts and often bills generated in one country are invoiced in another currency (GBPs, EURs and USDs being classic currencies for many supplies - particularly Software charges - which then recur monthly - so multiple transactions a month/year, which can't be automated.

There is a need in multi currency businesses (or businesses that work across multiple countries) to allow bank payments to be assigned to bills in a currency other than the currency of the bank account used, or the base currency of the actual business.
ie. A GBP base currency country paying a BILL in EUR out of a USD bank account.
The workaround is clunky and overly complicated - and easily results in a unbalanced clearing account without significant manual adjustments.
The way in which the system allows some transactions to be processed easily in the match process would be greatly improved if this was also a possibility.

This is extremely important for a majority of our clients. We have a few clients with a larger number of transactions where the work arounds are too labour intensive and make reconciling these transactions time effective. Please see this as being a priority for improving the reconciliation system.
Even if the system does the contras that we would do manually, say to a suspense account, to simply make our life easier and spend less time doing these types of reconciliation.
Thank you.

Initially, creating bills other than the base currency, and paying it with a different currency is not available in Xero, even when the other currencies are properly added in the settings.

For example:
base currency- GBP
bills - AED
Payment - EUR using EUR bank account.

To resolve this, you have to use a suspense account. But this is a tedious process.

I hope Xero can do something to enable payment in a different currency for this case.

Yes this would make our life a LOT easier if there was a shortcut, or way of bulk reconciling foreign currency bills paid from a different currency.