My QB Online version allows for multi-currencies. I added bitcoin. I am in El Salvador where bitcoin is legal tender. I cannot post my financial reports in bitcoin.

Glad to have you here on the Community page, @blockchainelsalv. I’m here to help you with your Bitcoin transactions in QuickBooks Online.

Multicurrency let you documents your transactions according to the currency that has been assigned to them. To integrate Bitcoin into your QuickBooks account, you’ll need to convert the Bitcoin value into your home currency.

Let’s start with setting up a customer to a certain currency. If it’s an existing one, you can make them inactive and assign the correct currency they use. This lets you record transactions in the currency they pay you with. I’ll show you how:

1. On the left pane, go to Sales.
2. Select Customers, then New customer.
3. Enter the necessary information.
4. Select Payment and billing.
5. In This customer pays me with field, choose your customer's currency.
6. Tap Save.

After that, let’s create a dummy account in the home currency to facilitate the movement between 2 different foreign currencies.

1. Go to the Gear icon, then select Chart of Accounts.
2. Select New.
3. Under Account Type column, select Cash and cash equivalent. Under Detail Type column, select Cash on hand. And under Name column, type in Dummy Bank
4. Before saving and closing, let’s make sure it’s set to your home currency.

Next, we can then record the payment of the foreign invoice for example. In the Receive Payment, set the Deposit To field to the Dummy Bank account we made. You’ll need to take note of the home currency amount displayed at the bottom right.

Once done, we’ll need to move this funds from Dummy Bank to the foreign bank account by using a bank transfer.

Here’s how:

1. Go to the + New and select Transfer.
2. On the Transfer Funds From column, select the Dummy Bank.
3. Under Transfer Funds To, choose the Foreign Bank you use for the Bitcoin.
4. From the Currency column, select home currency from the drop-down arrow.
5. Enter the amount.

You’ll want to update exchange rates on your transactions. Feel free to read this article for the detailed steps: Enter and use your own exchange rates

If you’d like to automate this process, you can use a third party app that automatically syncs your Bitcoin transactions into QuickBooks Online for you. To view a wide range of options, go to this link: QuickBooks App Center

Here’s some articles for more information about Multicurrency feature in QuickBooks:

• Turn on and use multicurrency
• Multi-currency FAQ

Check out the guides here to record these payments on your journal entry: Multi-Currency: Journal Entry Error Message

If you need more help with handling your Bitcoin transactions, don't hesitate to get back to this thread. I'd be pleased to work with you again. Keep safe.