# Cashbook Receipt - Foreign Debtor If you trade in multicurrency and have foreign debtors, these debtors will likely pay in the respective foreign currency. Using multicurrency will typically imply that you may have debtors that are invoiced in the USD as an example As such the debtor, when making payment will pay their account in USD. This receipt can be entered into a Foreign currency bank account or a ZAR bank account. **Receipts into a ZAR bank account:** Create a cashbook as normal for the local (ZAR) bank account the money was paid into When entering the receipt, select the respective debtor you will note the currency indicated will display USD Enter the USD amount paid [![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/scaled-1680-/Q8Eimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/Q8Eimage.png) Click Next Enter the applicable exchange rate note: The Rand equivalent value is populated [![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/scaled-1680-/pmcimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/pmcimage.png) Proceed with the cashbook as normal Save and Close Process the cashbook **Allocation of the receipt** **Allocation of receipts from foreign debtors must be done in both the foreign currency as well as Rand** go to: Activity>Allocation search the debtor as normal Change the currency Click search [![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/scaled-1680-/j3dimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/j3dimage.png) note the values will be displayed in the foreign currency The Invoice and receipt values will typically match. and you can allocate as normal Change the currency to Rand and search Note: the values may differ because the invoice would have been done at a different exchange rate to the receipt [![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/scaled-1680-/yWSimage.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/yWSimage.png) You can allocate these entries and you will note an exchange gain / loss difference remaining on the allocations [![image.png](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/scaled-1680-/pe3image.png)](https://hugeerp10.co.za/hsofmanual/uploads/images/gallery/2025-01/pe3image.png) This amount will need to be cleared with a Rand debtors journal on the debtor account refer to Debtors gain / loss journal manual to create the journal [Debtors Gain / Loss journal](https://hugeerp10.co.za/hsofmanual/books/bdm-activity/page/debtors-gains-loss-journal "Debtors Gains/ Loss Journal")