what small business owners need to know
If you’re planning on growing your business, it’s possible you’ve thought about whether you could potentially sell your goods or services to people in other countries. But if those customers want to pay you in their home country’s currency rather than in yours (and you’re happy to deal with the unpredictability of exchange rates to accommodate this) how do you manage these types of foreign sales in your accounts? Why should you allow payment in foreign currencies, and how do you do this? Overseas customers are usually more inclined to...