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With Xero what happens if I enter the invoice in the currency of GBP but the mandate is setup for EUR? Does it do the conversion or just collect the GBP amount as EUR?
I have a student accommodation company in the UK and would like to offer EUR payments for rent
Hi Eddie, thanks for watching!
You would need to raise the invoice in the customer's currency. In this case, as it's a SEPA mandate (set up for EUR payments), the invoice would have to be in EUR and we will then convert it into your home currency (GBP).
I hope this helps but if you have any further questions please feel free to email us at firstname.lastname@example.org