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05/24/2012 at 04:51PM PDT
Important Announcement! A planned system-wide upgrade will take place over the Memorial Day Weekend in the US (From Thurs, May 24, 2012 at 6 pm PDT thru Tues, May 29, 2012 at 5 am PDT). This includes QuickBooks, QuickBooks Payroll, Point of Sale, & Salesforce.com. This is only for US based products. This does not affect QuickBooks Online customers! During this time, you can shop, but can’t place orders online, activate products or update account info. We apologize for the inconvenience & thank you for patience while we improve our infrastructure to better serve you. International versions are unaffected. For more info, see our community discussion.
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moredrivel
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moredrivel
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01/23/10 10:15am PST
Viewed by asker 10/16/10 6:30am PDT

Currency of Bank Acct must match currency of payee... Error message

US QuickBooks Pro for Windows : 2010

USING WINDOWS 7 & QUICKBOOKS 2010

When I try to edit an existing CDN transaction to correct a spelling mistake, I get the following Error message "the currency of your bank account must either match the currency of the payee receiving the cheque or be your home currency". 

I am only correcting a spelling error in the memo field.  Canadian vendor.  Canadian bank account.  Paid in Canadian funds.  This also happened when I tried to pay the Visa bill.  QB would not accept the vendor "Royal Visa".  It gave the same error message. I finally had to create a new vendor, then pay the bill....then edited the two vendors to merge them.

The home currency is CDN, the vendor currency is CDN, and the bill is being paid in canadian with both of these examples

What is going on here?

Help!

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04/17/10 5:37pm PDT

I am having exactly the same problem

Is anybody from Intuit listening?

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Employee
04/30/10 3:26pm PDT

I am from Intuit and I am really sorry to hear that. I will pass this use case to our multi-currency team immediately. Thank you for letting us know about this scenario.

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JohanJoubert
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08/02/10 1:34pm PDT

I'm having the same problem as well. Has a solution been found for this problem.

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Senwi
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10/15/10 12:57pm PDT

Same problem here as well.  Just upgraded from QB Pro 2007 to 2010 Pro and getting a version of the same message when I go back and edit a previous record.  Looks like it has been several months since the forums reported this.  Intuit - you have a fix yet???

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Senwi
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10/15/10 8:45pm PDT

SOLUTION

Well - I have this figured out.  I was upgrading from QB Pro 2007 MULTI Currency

When QB Pro 2010 asked if I had multi during the conversion process I said no because I forgot the old one had Multi.  Once I re-imported and this time said yes to the multi currency question - everything was fine.  Hope this helps all the others that have been struggling with this.

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moredrivel
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10/16/10 6:30am PDT

This was not the case for me.  When I upgraded I answered YES because I do only multi-currency.

We still need a solution to this. It is not yet solved

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02/01/12 1:00pm PST
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 No idea why it happens, but found the solution here: http://community.intuit.com/posts/qb2010-bug-currency-of-bank-account-does-match-currency-of-payee

Change the vendor to something else.  Save.  Then change it back.  And QuickBooks will proceed along happily.  Annoying, but at least there's a work-around

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