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May 15, 2021
Question

What features no longer work when enabling Multi-currencies? Will the group tax feature still work?

  • May 15, 2021
  • 1 reply
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1 reply

May 17, 2021

Hello svettor7-shaw-ca,

 

It's awesome to see that you're interested in the multicurrency feature in QuickBooks Online, and it definitely makes sense to check on how this will impact your existing features before turning it on. I'd be happy to go over this with you so that you can get down to business with the multicurrency feature if you'd still like to enable it.

 

When you enable multicurrency in QuickBooks Online, it cannot be turned off, meaning any features that can't be used with multicurrency will no longer be available to you. At this time, the Cash Flow Planner is the one feature that will be impacted by turning on multicurrency and you'd no longer be able to use it.

 

When it comes to sales taxes, including group taxes, those will all still work just fine. Here's an article that gives an overview of QuickBooks Online's multicurrency feature and includes other links to learn more: About Multicurrency

 

I hope that this has helped you with your decision about whether you'd like to turn on multicurrency. I'll be around if you had further questions!