---
title: "How SyncTools Converts Foreign Currency to Your Home Currency for Accurate Reconciliation"
url: "https://synctools.ai/docs/shopify-xero-integration/how-synctools-converts-foreign-currency-to-your-home-currency-for-accurate-reconciliation-2"
date: "2025-07-29T05:43:06+00:00"
modified: "2025-08-12T06:37:30+00:00"
author:
  name: "Vivek Vadukiya"
word_count: 155
reading_time: "1 min read"
summary: "Before SyncTools can properly convert foreign currencies from your Shopify store to your home currency in Xero, you need to enable and configure multicurrency features in Xero. 

This guide walks..."
description: "Before SyncTools can properly convert foreign currencies from your Shopify store to your home currency in Xero, you need to enable and configure multicurrenc..."
language: "en"
schema_type: "WebPage"
---

# How SyncTools Converts Foreign Currency to Your Home Currency for Accurate Reconciliation

_Published: July 29, 2025_  
_Author: Vivek Vadukiya_  

Before SyncTools can properly convert foreign currencies from your Shopify store to your home currency in Xero, you need to enable and configure multicurrency features in Xero. This guide walks you through the necessary steps to prepare your Xero account for seamless integration with SyncTools.

Please Note: The conversion to your home currency happens in your accounting software.

## Step 1: Access Settings

- Log in to your Xero account
- In the top right corner, click on company name

    ![Xero accounting dashboard for Demo_Tech showing business bank account setup and invoices owed summary with import options](https://synctools.ai/wp-content/uploads/2025/07/xero-dashboard-demo-tech-business-bank-account-invoices.webp)- Click on your company name and then choose ‘Settings’

    ![Xero settings menu expanded for Demo Company US showing checking account balance and reconciliation dashboard overview](https://synctools.ai/wp-content/uploads/2025/07/xero-settings-menu-demo-company-dashboard-overview.webp)
## Step 2: Navigate to Currencies in Settings

On the settings screen, click on ‘Currencies’ in the General section

![Xero general settings page with currencies option highlighted showing organization setup menu for business configuration](https://synctools.ai/wp-content/uploads/2025/07/xero-general-settings-currencies-highlighted-organization-setup.webp)Then click on ‘Add Currency’

![Xero currencies settings page showing Add Currency button highlighted with exchange rates date selector for March 25, 2019](https://synctools.ai/wp-content/uploads/2025/07/xero-currencies-settings-add-currency-exchange-rates-setup.webp)

### Example: How Currency Conversion Works

Let’s say you sell a product for €100 EUR, and your home currency is USD:

- Shopify processes the payment and converts it to $110 USD
- SyncTools retrieves both the original amount (€100) and the converted amount ($110)
- SyncTools creates an entry in QuickBooks showing:
    - Revenue of $110 USD


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_View the original post at: [https://synctools.ai/docs/shopify-xero-integration/how-synctools-converts-foreign-currency-to-your-home-currency-for-accurate-reconciliation-2](https://synctools.ai/docs/shopify-xero-integration/how-synctools-converts-foreign-currency-to-your-home-currency-for-accurate-reconciliation-2)_  
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_Generated: 2026-04-13 14:42:46 UTC_