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February 17, 2024
Question

Can I change the home currency to USD when my home country is not the USA?

  • February 17, 2024
  • 1 reply
  • 5 views
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1 reply

Moderator
February 17, 2024

Hi there, bensonn.

 

You can modify your home currency provided that you haven't activated Multi-Currency yet. If this is the case, please follow the steps below to change your home currency:

 

1. Click the Gear icon in the upper right corner.

2. Select Account and Settings. Then choose the Advanced tab.

3. Go to the Currency section. Then click the pencil icon. 

4. Choose your Home Currency from the drop-down arrow.

5. Hit the Save button. Then Done.

 

If Multi-currency is already enabled, please note that QuickBooks doesn't allow you to change the home currency. This is to prevent any disruptions to your accounts, particularly when dealing with sales tax adjustments.

 

You may find these articles helpful in understanding how multicurrency allows you to record transactions in foreign currencies and provides information about Home currency adjustments when using the Multi-currency feature in QBO:

 

 

Feel free to reach out if you have any other inquiries regarding home currency. Wishing you and your business continued success.