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November 6, 2020
Question

My home currency was USD for 2019. For 2020, I'd like to change my home currency from USD to another country. Is that possible without affecting 2019.

  • November 6, 2020
  • 3 replies
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Original commenter did not share additional details

3 replies

MariaSoledadG
November 6, 2020

I'm here to share with you a few information and help you with your home currency, kudosleb.

 

You can only change your home currency once you have not activated the Multicurrency feature in QuickBooks Online. To do this, you can follow the steps below.

  1. Click the Gear icon, then Account and Settings.
  2. Select Advanced. Then at the Currency column, select the edit button.
  3. At the Home currency column, select the currency you wish to change to from the drop-down menu.
  4. Click Save, then Done.

If you have already activated the Multicurrency feature, you can only change the home currency by deleting all your data and starting over from scratch

 

Changing home currencies may affect previous reports or transactions since this needs to recalculated and adjusted based on a new rate. For your reference, you can read this article for additional information: Enter A Home Currency Adjustments For Your Foreign Balances.

 

Reach out to us if there's anything else you need about home currency. We'll always be around to help you at any time. 

Fiat Lux - ASIA
November 7, 2020

@kudosleb 

Where is your company located and which currency do you need switching to?

December 21, 2021

any one know singapore intuit support number ?

 

December 21, 2021

I have turned on my multicurrency by mistake and now I am not able to change my home currency. Am a new user. I am not able to get to intuit support line to ask if there is a possibility

Fiat Lux - ASIA
December 21, 2021

@mannysamuel wrote:

I have turned on my multicurrency by mistake and now I am not able to change my home currency. Am a new user. I am not able to get to intuit support line to ask if there is a possibility


 

@mannysamuel 

Where is your company located? In Singapore or else? Why do you need to change your home currency?