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September 29, 2022
Question

Can change currency in app? My company is registered in UK I am using a US account for online payments . In all shows as pounds but they are actually usd.

  • September 29, 2022
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1 reply

September 29, 2022

Thanks for dropping by the Community, @2018516. 

 

The multicurrency feature is only available for QuickBooks Online Essentials, Plus, and Advanced. You should be able to see this option from Account and Settings under the Home Currency if you've subscribed to one of the versions. 

 

You can change your home currency as long as you have not set up Multi Currency yet. If so, please follow the steps below on how to change home currency.

 

1. Click the Gear icon in the upper right corner.

2. Select Account and Settings. Then choose the Advanced tab.

3. Go to the Currency section. Then click the pencil icon. 

4. Choose your Home Currency from the drop-down arrow.

5. Hit the Save button. Then Done.

 

If Multi-currency is already turned on, take note that QuickBooks doesn't allow you to change the home currency. This is to avoid messing up the account, especially when adjusting the sales tax.

 

For more insights about managing multicurrency in QBO, check out these articles:

 

Additionally, I've included this article to help you assign a foreign currency to a customer in QuickBooks Online

 

I'm always here if you have other questions about updating your currency in QuickBooks Online. Please leave your inquiries below and I'll respond as soon as possible. Keep safe!