Skip to main content
C
contact-beyond3g
April 30, 2023
Question

I operate in CAD even though my company is in NZ. How can let quickbook change my currency to CAD?

  • April 30, 2023
  • 1 reply
  • 0 views
I need to see my payments and invoices in CAD, my employees wages and salary in NZD and my expenses in USD

1 reply

Fiat Lux - ASIA
Fiat Lux - ASIA
April 30, 2023

You are using QB Online Global version for NZ, correct?

What is your home currency now? NZD or CAD?

 

Q
QueenC
April 30, 2023

Hello there.

 

I got some information about Currencies in QuickBooks Online (QBO).

 

In QBO, you can change your home currency as long as you have not set up Multicurrency yet. With that being said, if you decide to turn it on, you no longer can turn it off as the currency conversion information will have to be accounted for in the system moving forward. Also, note that the multicurrency feature is only available for QBO Essentials, Plus, and Advanced versions.

 

When decided to turn on the Multicurrency feature, please follow these steps:

 

  1. Go to the Gear icon then select Account and settings.
  2. Select Advanced.
  3. Click on the pencil icon in the Currency section.
  4. Select your currency from the Home Currency dropdown.
  5. Tick the Multicurrency checkbox and confirm that you understand this can't be undone.
  6. When done, select Save.

 

Additionally, you can refer to this article for the most asked questions about home currency adjustments: Frequently Asked Questions about Home Currency Adjustment in QuickBooks Online.

 

Please know that you're always welcome to post here in the Community forum if you have additional questions about currencies in QBO. Just hit on the Reply button and we'll be here to assist you all the way. Have a good one.

Terms & ConditionsAccessibility statement