Re: FX: prices agreed in one currency, customer pays in another?

["R. Ransbottom" <..hidden..>]

On Sat, Nov 07, 2015 at 01:43:19PM +0100, Erik Huelsmann wrote:

> ... we agreed on a price in USD, but the customer [ pays ]
> in a different currency 
> ... we also settled on a source for the exchange rates ...

> I've agreed to the *payments* happening ...
> month to month ...

> I'm adding a note to ... the invoice about the amount and 
> currency to be paid.

It doesn't seem that odd.  Here it is as likely to be a 
half-barter deal; one party's goods tied to some market's price.
Of course, there are businesses that live on such transactions.
Currently, LSMB is a poor choice for them.

  "note .. about amount and _currency_" 

makes me think you might be billing in USD.  That is the worst choice 
of the three. Since you have the XF info in time you should bill 
the agreed currency at the special derived rate and just side-note 
the USD amount[s].

I am not sure what you see lacking in this transaction, so I am not
sure how to help further.  Ease, detail, timeliness of record, clarity
and reviewability don't all cooperate--chose three or four.

Rob

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