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Replying to:
KhimG
QuickBooks Team

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Hi, @manoj_l, @jen-belder and @amcaskill.

 

Thanks for dropping by the Community space. I want to share some information as to why you’re unable to set up currency for the Income and COGS account even if Multi-currency is turned on.

 

By default, QuickBooks is designed to set the home currency as the currency for the Income, COGS, Accounts receivable, Accounts payable, Equity, Other income, Expenses, and Other Expense accounts. The option to choose a currency is only available for the Other Current Assets, Bank, Fixed Assets, Other Assets, Credit Card, Other Current Liabilities, and Long-Term Liabilities accounts.

 

If this is something you need, you can provide us with your insight and opinion by clicking on the Gear icon and selecting Feedback. By doing so, our product team would know what you liked and what we can improve to make it better.

 

Please let me know if there’s anything else you need. I’ll be here to help. Enjoy your day!

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