Thanks for joining this thread, Devil.
Allow me to step in for a moment and share some information about accepting foreign currency via PayPal.
As mentioned by @Dwayne, the Multi-currency option in QBO is used to set a specific currency for vendors or customers. Once it's turned on, you can send transactions to your customers based on their currency, however, the amount is still recorded in the home currency.
I'm adding a link with detailed information on how the Multi-currency feature helps you manage your business.
We always take our customer's needs into consideration when looking for ways to improve QuickBooks. While we're unable to import the GBP conversion from PayPal, I suggest you send feedback to our engineers to let them know this is a feature you would like to see introduced.
To submit feedback, just go to the Gear icon and select Feedback.
I will also send this idea on your behalf, that way our Development Team will receive multiple suggestions of how beneficial this feature would be.
You're always welcome to visit the Community if you have questions about QBO. I'm always ready to assist you further. Have a wonderful day!
