u.s. customers and u.s. invoices

[germaine]

How do I create a u.s. invoice for a u.s. customer and process the u.s. bank draft I receive?

[qbqcca]

How do I create a u.s. invoice for a u.s. customer and process the u.s. bank draft I receive?

If you don't have Multi-currency in your Quickbooks, and as the exchange rate is all but at par, I would suggest your create your invoice as you would any other CAD Invoice.

When you receive the payment for the invoice goto:- Customers > Receive Payment and apply the amount of the Invoice as the receipt, this will clear your Accounts Receivable. On the second screen of "Customers Receive Payment" you can record the difference between the Invoice and the actual funds received, and debit or credit to a new general ledger account named Exchange Gain/Loss (which should be grouped with your Bank Service charges section of your chart of accounts).

Hope this helps
Warren