Setting Up and Using Multicurrency Customers in QuickBooks Online by @QBKaccounting
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Setting Up and Using Multicurrency Customers in...
QuickBooks Training & QuickBooks Consulting. Best rated in Miami & Broward By Hector Garcia On August 20, 2015 · We want to use more than one currency type in our QuickBooks Online (QBO). We can turn on the multicurrency feature in Company Settings. But, how do we use it? Let’s say we have a customer that deals in Euros. They have a building in the U.S., but the main office is in a European country. When Rock Castle Construction does some remodel work for them, the payment will come from the main office, in Euros. First, we need a bank account for the foreign currency. You can see in the above graphic that now, with multicurrency turned on, there is an additional selection in account setup. What currency will be held in this bank...Read Moreaccountantvip
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