QuickBooks multi currency problem?
CAN QUICKBOOKS HANDLE MULTIPLE CURRENCIES?

How to resolve Quickbooks multi currency problem?

2 minutes, 44 seconds Read

Doing business abroad is one of the common things now. People have started running their business not only interstate but in different countries. And Quickbooks helps you in making things easier. But Quickbooks multi currency problem is one issue that you might face while dealing in multiple currencies. And then you have to adjust the bank account according to the currencies. Unless you do this you won’t be able to take payments or send them.

If you haven’t already explored this feature, there are few things you must understand. If this is posing a problem you can simply turn it off from where you have activated it. Do keep in mind that the QuickBooks multicurrency issue is not caused due to your home currency. So if you are experiencing this problem read this blog for a solution.

What can be the reason for Quickbooks foreign currency problem?

It is very difficult to say without diagnosing the entire situation. Because this can happen due to multiple reasons. So it is very much suggested that you should have a look at the below given factors.

  • First and the most common problem is when the user is unable to activate their multi currency feature in the software.
  • Or maybe you haven’t even set your home currency for the company.
  • When you want to change your home currency or enable the multicurrency feature; the old cookies and cache of your system are posing problems.

Solution: Turning on the multi-currency feature on your software

As most people are unaware of the fact that they have to first choose their home currency and then switch on the multicurrency feature. We suggest that you should follow this solution to fix the problem.

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Turning on the multicurrency in your Quickbooks software

There are two different steps that you will have to follow so start by switching on the multicurrency mode in your QuickBooks online. Here is how you have to do it.

  • Go to the settings section and tap on “accounts in settings” and then select “advanced.”
  • On the window that opens in front, you will now have to select, “edit” which will help you in modifying the settings.
  • Now you will have to select the “multi-currency” checkbox to enable the function. 
  • Lastly, you will have to select, “Save and Close.” This will complete the process of activation. 

But you still have to turn it on from the Quickbooks Desktop. And this is what you have to do in that part.

  • Start by selecting “edit menu” in the “Settings section.” 
  • After that you will have to select “preferences.”
  • Post that, you need to click on “multiple currencies.”
  • Next, head to the “company preferences” tab and then select “Yes I use more than one currency.”
  • As soon as you do this, you will also have to select your “home currency” from the list.

Conclusion

This way you will be able to complete the entire process and solution to fix QuickBooks multicurrency problem But if the problem still persists, you can connect with one of our team members and let them know about your problem. All you need to do is give them a call on the number given on the website.

author

martinshaward

QuickBooks Error 400

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