Skip to main content
June 16, 2023
Question

Has any company based in Ireland with multi currency accounts switched from desktop to online?

  • June 16, 2023
  • 1 reply
  • 0 views
We are a company based in ROI.  We are in the process of transferring our books from QB desktop to QB online. We have multi currency accounts and therefore the move my books facility does not support the migration of multi currency.  Has anyone done this successfully?

1 reply

Fiat Lux - ASIA
June 16, 2023

You should consider buying a 3rd party service to convert your data with multicurrency transactions as I mentioned earlier.

https://quickbooks.intuit.com/learn-support/global/manage-customers-and-income/hi-has-any-company-based-in-ireland-using-multi-currencies/00/1272559

 

June 16, 2023

You've got me here to share some insights about exporting your file from QuickBooks Desktop to QuickBooks Online with multi-currencies, ME-.

 

We can follow the instructions provided by Fiat Lux - ASIA. Also, transactions with three different currencies cannot be converted to QuickBooks Online (QBO). After the conversion, you must manually enter them into the system. To select your desired currency, enable the Multi-currency feature in QBO. Please keep in mind that this option is only available in the Essentials, Plus, and Advanced versions. Please see this link for more information on this procedure: About Multicurrency.

 

However, here is a complete list of the data that can be migrated from QuickBooks Desktop to QuickBooks Online: What to expect when you switch from QuickBooks Desktop to QuickBooks Online.

 

If you're ready to export your file, follow the instructions in these links, as well as the QBO getting started guide, which explains how to use the program:

 

 

Feel free to go back to this post if you need help with conversion or transferring data in QBO. You can leave a comment if you have follow-up questions. Have a wonderful day ahead.

ME-Author
June 16, 2023

Hi RCV

 

Thank you for your reply.  Sorry I just what to clarify your reply.  Are you saying to me that even if I used the third party that the data will be need to be manually corrected as we are using 3 different currencies?

 

The third party option is pretty expensive to migrate data.

 

Thanking you.

 

Kind regards.