Multi-Currency

Multi-Currency

If you work with international clients, you need to be able to issue invoices in different currencies. Lumabill supports CHF, EUR, USD, and GBP, allowing you to set the currency individually for each invoice.

Setting Your Default Currency

Your default currency is configured in your Company Profile. It is automatically applied to every new invoice. For most Swiss businesses, CHF is the right choice.

To change your default currency:

1. Navigate to Settings > Company Profile
2. Select the desired currency in the Default Currency field
3. Click Save

Note: Changing the default currency only affects new invoices. Existing invoices retain their original currency.

Choosing a Currency Per Invoice

When creating or editing an invoice, you can change the currency at any time:

1. Open a new or existing invoice
2. Click the currency field in the invoice header
3. Select the desired currency from the list (CHF, EUR, USD, GBP)

All amounts on the invoice -- line items, subtotal, VAT, and total -- are displayed in the selected currency. The QR payment slip also adjusts automatically.

Important: QR payment slips only support CHF and EUR. If you create an invoice in USD or GBP, no QR payment slip will be generated. In these cases, include your bank details (IBAN, BIC/SWIFT) directly on the invoice.

Currency and Clients

You can set a preferred currency for each client. When you create a new invoice for that client, the client's currency is automatically suggested.

1. Open the client details under Clients
2. Select the Preferred Currency
3. Save the change

Exchange Rates

Lumabill stores invoice amounts in their respective currency. Conversion to your book currency (for bookkeeping and reports) is based on the exchange rate at the invoice date.

Important for Bookkeeping

If you use the bookkeeping module:

• Journal entries are recorded in the book currency (your default currency)
• Foreign currency invoices are converted at the daily rate
• Exchange gains and losses may arise upon payment receipt

Tip: Regularly review your foreign currency positions, especially during year-end valuation.

Supported Currencies

What's Next?

• Learn how QR payment slips work with different currencies.
• Read about the Profit and Loss report with foreign currency transactions.
• Set up your bank details for foreign currency accounts.