If current liability can be recorded in multicurrency, why is trade and other payables(A/P) not possible in multicurrency?

Hello there, @kriths2001.

Welcome to the Community. I can provide some clarification about creating accounts in QuickBooks Online.

The system automatically creates the Trade and other payables accounts on your behalf. As soon as you enter a bill for your vendor with a different currency, QuickBooks records it in the Chart of accounts.

Please see sample screenshots below:

It's designed to ensure you have the necessary accounts for each currency you have. Since the ability to manually create is unavailable, I suggest entering the bills.

Additionally, here are some helpful references that you can check out about using multicurrency in QuickBooks:

• How Multicurrency works
• Multi-currency FAQ

I'm only a few clicks away if you have any other questions. Wishing you and your business continued success.