How do you make a home currency adjustment in QuickBooks Online?

I know how to so it on the desktop version but can't figure it our on the online version.


1 person found this helpful

Hi doug,

I'd be happy to help you with this.

To be able to make a home currency adjustment in QuickBooks Online, you need to activate Multicurrency in your company settings. To check on this, you can follow these steps:

  1. Click the Gear icon in the upper right hand corner.
  2. Select Company Settings under Settings.
  3. Choose the Advanced tab. 
  4. Check to see if Multicurrency is on. If not, click the pencil icon for it, and check the Multicurrency box. 
  5. Click Save, then Done.

To make a home currency adjustment:

  1. Click the Gear icon in the upper right hand corner.
  2. Select Currencies under Lists.
  3. Look for the currency you wish to perform the adjustment, then click the drop-down arrow beside Edit currency exchange.
  4. Choose Revalue Currency.
  5. Click the Revalue button to see the value of your foreign transactions in your home currency.

If you have other questions, just let me know.

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