Jen_D
Moderator

Banking & Currency

Thanks for reaching out to us, and updating this thread, @Mazens.

 

I want to share some insights about the Multicurrency feature in QuickBooks Online (QBO). Anyway, I want to know for what country version do you have. I am asking because this thread is for QBO Canada small business products.

 

Regarding your question, the system will automatically use the Home Currency for reporting and products/services. If you want the system to use AUD for the items, you can set the home currency to AUD instead of AED. Then you can add customers with UAE currency, so the income is in Dirhams. Also, you can add as many currencies you want, and the system will automatically do the conversion for you.

 

Please see the following links to learn more about the Multicurrency workflow:

 

 

If you have other concerns with other features in QuickBooks, especially about Multicurrency, reach out to me anytime. I'll be more than happy to help. Have a good one!