Deep Dive - Xero: Multi-Currency
When using multi-currency in Xero and exporting reimbursable expenses, the bill will use the output currency in your Expensify policy, as long as it is enabled in Xero.
Your general ledger reports will convert to the home currency in Xero using currency exchange rates, as set in Xero.
For non-reimbursable expenses, the bank transactions will use the currency on the bank account in Xero, regardless of the currency in Expensify.
If these currencies do not match, we use a 1:1 exchange rate, so make sure the output currency in Expensify matches the currency on the bank account in Xero.
- How-to Connect your policy to Xero
- Deep Dive - Configure Coding for Xero
- Deep Dive - Configure Export Settings for Xero
- Deep Dive - Configure Advanced Settings for Xero