Can I enter an Expense Claim transaction with a Foreign Currency when I have MultiCurrency enabled?

Thanks for visiting the Community today, ian.mcleod.

I'm here to share some details about recording expense claim transactions in QuickBooks Online (QBO).

We can create journal entries to record your transactions with foreign currency. Here's how: 

1. Click the + New button, then choose Journal entry.
2. From the Currency dropdown, select the correct currency.
3. On the first line, select an account from the Account Depending on if you need to debit or credit the account, enter the amount in the correct column.
4. On the next line, select the other account you're moving money to or from. Depending on if you entered a debit or credit on the first line, enter the same amount in the opposite column.
5. Enter the information in the memo section so you know why you made the journal entry.
6. Select Save and new or Save and close.
   
   
    

You can also read this article for more details: Create a journal entry in QuickBooks Online.

For the best advice on how you can record it, I highly recommend seeking assistance from your accountant to ensure that your books are accurate and to avoid messing up the data. They'll be able to guide you in choosing the right accounts and provide more expert ways of dealing with this situation.

Additionally, I’m adding this resource that contains topics that will guide you on how to efficiently handle your taxes, payroll, account information, banking tasks, sales or expense-related activities, and so on: QuickBooks Online guide.

Feel free to click the Reply button if you have additional questions or concerns. I’ll be around to answer them for you. Have a great day ahead!