Can we change the home currency in QBO, if yes will the previous data get automatically changed to the new currency or do manually we have to do it(Ex: USD to CAD)

Hey there bibin.binu@terra,

Welcome to the QuickBooks Community! Thanks for reaching out to us here. QuickBooks Online is a great tool able to help keep your books balanced. I would be happy to provide some information.

When setting up your account, QuickBooks Online will automatically set the default currency for your company. At this time, there isn't a way to change the Home currency once an account has been setup. However, if you'd like to change the home currency, you will need to setup a new company. I can see how being able to change the Home currency would be beneficial for you. I encourage you to leave feedback by heading to the Gear icon and selecting the Feedback option. These comments are viewed and considered by our developers as they create new features and updates for QuickBooks.

If you have any other Questions, feel free to reach out to us here.