QuickBooks Online uses the company’s home currency for all records, including sales, purchases, and the chart of accounts. If your company uses more than one currency, it may be convenient to change this in your account settings by enabling the multicurrency feature.

Multi-currency allows you to use extra features and form fields related to converting amounts to sterling based on customisable conversion rates. Currency options become available for expenses, invoices, customers, suppliers, accounts, and more.

When you enable multi-currency, changes are irreversible. For example, you cannot disable the feature once it is enabled, and you cannot change your home currency.

To enable multi-currency in QuickBooks Online go to:

  • Gear menu in the top right corner
  • Select Account and Settings
  • Select Advanced from the left-hand side menu
  • Scroll down to the “Currency” section
  • Click the “Edit” icon to make changes in QuickBooks Online

You cannot turn Multi-Currency off.

The Multi-Currency feature allows you to assign a specific currency to lists and accounts such as Customers, Vendors, Price levels, Bank accounts, Credit card accounts, Accounts Receivable and Accounts Payable

If you have started using the multi-currency feature and would like to disable it, a guaranteed data repair service removes the multi-currency feature so that your data file can be converted to QuickBooks Mac or QuickBooks Online. E-Tech can convert your QuickBooks file with the multi-currency feature turned on to QuickBooks Online or QuickBooks Mac. This service works with US, Canadian, UK, and Australian (Reckon) QuickBooks data files with a full money-back guarantee.

For more information, simply visit https://quickbooksrecovery.co.uk/

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