Definition
A multi-currency invoice is an invoice issued in a currency other than the seller's home currency, usually the client's currency or an agreed international one such as USD or EUR. It must state the currency code clearly and may show the exchange rate used, since the seller's records are kept in their own currency.
Also called: Foreign currency invoice
Multi-currency invoice in practice
Agree the invoice currency in the contract. Billing in your own currency protects you from exchange rate movements; billing in the client's currency is more convenient for them and often speeds payment.
Use ISO currency codes (USD, EUR, GBP) rather than symbols alone, because several currencies share the dollar sign.
Frequently Asked Questions
Which currency should I invoice in?
The one agreed in your contract. If the client has not asked for a specific currency, invoice in your own to avoid exchange risk. Always show the currency code.