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Turning on the Multicurrency feature

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You can change your home currency from the same place that you enable the Multicurrency feature. Follow these steps:

Once you turn on the Multicurrency feature, you cannot change your home currency. And, you can’t turn off the Multicurrency feature because it affects many accounts and balances in QBO.

1 Choose Gear ⇒ Account and Settings.QBO displays the Account and Settings dialog box.

2 Click Advanced.

3 Scroll down to the Currency section.

4 Set your home currency by clicking the Home Currency list box.Choose the currency of your country. If you’re not in the United States, don’t set the United States as your home currency.

5 Activate Multicurrency by clicking the green switch (see Figure 3-22).After you turn on the Multicurrency feature, QBO warns you thatYou can’t turn it off, andYou can’t change your home currency.

6 Select I Understand I Can’t Undo Multicurrency.

7 Click Save.

8 Click Done.


FIGURE 3-22: Turning on Multicurrency.

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