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jfjsa
Level 1

Why do I suddenly have to switch on multi-currency when transferring from one local account to another?

I have not changed anything in my QB accounts. It won't let me finish the transaction without switching multi-currency on.

3 Comments 3
EmanE17
QuickBooks Team

Why do I suddenly have to switch on multi-currency when transferring from one local account to another?

You're encountering the multi-currency feature in QuickBooks Online, it's possible that you are transferring funds between accounts that use different currencies, or because you are dealing with international transactions, jfjsa. I'll share more inputs about this matter.

 

QuickBooks Online (QBO) automatically activates the multi-currency feature when it detects transactions involving different currencies, allowing for proper tracking and conversion of amounts. To verify your transaction, you can check your Chart of Accounts and look at the QuickBooks Balance/ Bank Balance column for the two accounts you are trying to transfer between. Make sure they are both set to your home currency.

QB balance.png

 

If you are sure that both accounts are in the same currency and you are not dealing with any foreign transactions, but the issue still persists, try clearing your browser's cache. This can help free up space and may improve your device's performance, as issues are often related to browser settings or cache. If the problem continues, consider switching to a different supported browser.

 

Leave a comment below if you have additional questions about managing your currency. We'll be willing to lend a hand to assist you.

jfjsa
Level 1

Why do I suddenly have to switch on multi-currency when transferring from one local account to another?

Thanks for the reply. Unfortunately, none of the suggested solutions worked. I have rechecked to make sure that everything aligns with what you suggested, but no luck. Any other suggestions?

Thanks.

Jayson_E
QuickBooks Team

Why do I suddenly have to switch on multi-currency when transferring from one local account to another?

Thanks for getting back to us and confirming that you've verified your account settings and followed the recommended resolution above, fjsa

 

Since all relevant accounts are set to your home currency, but you’re still being prompted to enable the multi-currency feature, I recommend contacting our Live Support team during their support hours. They can conduct a thorough investigation of your specific account and transactions to determine why this prompt continues to appear despite no foreign currency involvement.

 

Here's how to reach them:

 

  1. Navigate to the Help (?) menu.
  2. Head to the Search tab and enter a keyword topic to activate the Contact Us button.
  3. Click the Contact Us button.
  4. Choose how to connect with our live experts.

 

If you have other questions or concerns, feel free to comment on them below.