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March 7, 2022

Hi, I want to ask you I need to change home currency from SGD to USD But I already made few bank transaction entry how Can I change now

  • March 7, 2022
  • 2 replies
  • 3 views
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    2 replies

    RenjolynC
    Level 9
    March 7, 2022

    Thank you for visiting the Community space, Priyanka1.

     

    If you have not activated the Multicurrency feature in QuickBooks Online, you can still change your home currency by following these steps:

     

    1. Go to the Gear Account and Settings.
    2. On the left panel, click Advanced.
    3. Scroll down to the Currency section, 
    4. From the Home currency drop-down list, select the currency you wish to change.
    5. Hit Save, then Done.

    As for the bank transaction entries that are already added, you'll want to undo them from the Categorised tab. Then, add them again with the correct currency from the For review tab in the Banking page. 

     

    On the other hand, if you have the Multicurrency feature enabled, you can only change the home currency by deleting all your data and starting over from scratch.

     

    To learn more about the multicurrency feature and help you categorise the bank transactions, please check out these articles: 

     

    Should you have more questions or need help with other task, please let me know in your reply below. I'll be right here to assist you. Take care and stay safe!

    Fiat Lux - ASIA
    Level 14
    March 7, 2022

    @Priyanka1 

    Is your company located in Singapore?