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MaryLandT
November 18, 2020

The currency decimal point is set as default in the program, accounts-zadco-o.

 

QuickBooks Online downloads exchange rates nightly from WSoD (Wall Street on Demand). You can also manually enter exchange rates and revalue them if needed.

 

Let me show you how:

  1. Go to Settings ⚙️, then pick Currencies.
  2. Click Edit currency exchange under the Action column.
  3. Choose Your rate to enter your currency.
  4. Select the small arrow ▼ icon in the Action column, then choose Revalue currency.
  5. Click Revalue and save.

You don't need to worry if you see a report that is off by pennies. The government understands rounding discrepancies and ignores penny differences.

 

Learn more about this by reading through these articles:

Feel free to leave a comment below if you need anything else aside from changing the currency decimal. I'm always right here to help you.