Hi @qbwarpcapitalhk
One problem that you might run into is that QBO reporting for multi currency is pretty limited. There is no way to report on the foreign balance of an account that has a currency different than your home currency. The only way to report the value is in the home currency but this is often not what is needed.
You can see these issues posted here: https://quickbooks.intuit.com/learn-support/global/reports/in-qbo-can-i-run-a-balance-sheet-detail-r...and another similar issue here: https://quickbooks.intuit.com/learn-support/global/reports/will-qbo-ever-add-the-ability-to-run-a-re...
