Unable to revalue currency as on March 31st at custom rate. I could do it for todays date, however books closed on Mar 31-2021.

Hi there shelly15,

Making sure your transactions have the correct exchange rate is important. QuickBooks Online allows you to revalue currency to be able to do an adjustment for multiple transactions. I can provide some information on this.

In order to adjust the currency for transactions on March 31st, the date for the Close books feature would need to be set to March 30th or earlier, as doing an update of the exchange rate will have an effect on the value of the transactions. if you were to want to edit the date for the close books function, navigate to the Gear icon, then Account and settings. Select the Advanced section, then click on the option to close books in order to turn off the option or adjust the date. Don't forget to save.

If you have any other questions, feel free to ask them here.