FX rates

Forum|Forum|4 years ago
April 1, 2022
1 reply
7 views

I need to know the FX rates that QB uses for FX transactions. can we download the historical FX rates for our ref?

QuickBooks Online

AlexV

Level 10

Hi ankur1306!

Welcome to QuickBooks Community. Let me assist you and share some details about foreign currency.

QuickBooks Online uses IHS Markit to determine the exchange rates. Currently, we're unable to download the previous rates in QuickBooks Online. However, you'll want to directly check the IHS Markit website for the historical exchange rates.

I added these articles for more details on how to manage the foreign currency in QuickBooks Online:

You're always welcome to ask other questions you might have about your transactions. Do you need help in running reports? Let me know and I'll ensure to make your QuickBooks Online experience more pleasant.

ankur1306Author

HI,

I could not find the Historical FX rates on the IHS Markit website.

Basically, I need to know what rates has the system used in my entries. How do I know that?

In other words, when i pull my General Ledger report to check the detailed transactions, i need to see a column wit the FX rates used for those particular transactions. How do I do that?

AlexV

Level 10

Hello ankur1306!

When you pull up General Ledger, you can add the Exchange rate column to the report. Simply click the Gear icon next to the Export button and check the Exchange rate box.

Here's a screenshot for reference:

I also included this article if you need detailed steps on how to run, customise, and save reports: Run reports in QuickBooks Online

Comment again here if you need more help with this. Thanks!

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