Katana enables you to sell and purchase in multiple currencies and allows you to create accounting documents (invoices and bills) in Xero that have other currencies than your Katana base currency.
Read more about multi-currency in Katana here.
Multi-currency is part of our Standard, Professional, and Professional Plus plans. You can try it for free for 14 days! Please have a look at our pricing page for more info.
Before creating an invoice or a bill in Xero that uses foreign currencies, you will need to set up multicurrency in Xero. Xero requires you to subscribe to the specific currencies that you do your business in. Katana will let you know at the time of creating a document for Xero if you have not subscribed to a specific currency and thus is not able to create the document in Xero.
Whenever you create an invoice or a bill in Xero from Katana then the currency of the Purchase or Sales order will be also sent over to Xero. Once the documents are created in Xero then the currency rate on your Sales order or Purchase order will be fixed and you are not able to edit the rate in Katana anymore.
The currency rate can differ slightly between Xero and Katana as Xero will add the conversion rate itself on the documents that get generated via Katana integration. If you need to adjust the currency rate then this can be done in Xero.