I use multi-currency and require a fixed FX rate per year for all posted transactions. Is there no way to have the "Your rate" feature be fixed for a day or a year.

OK if QBO tracks variation in FX account but right now I need to go into system to set daily rate fixed to 1.3.   I know many larger companies run this way of fixed FX rate per year so not sure why quickbooks can't accomodate it?



Hi there,

I appreciate you reaching out to the Community.

I know how having this feature would benefit you. QuickBooks allows you to manually enter an exchange rate for a year. Good job on finding the Currency Center. Once you change the rate from there, that rate will be used for an entire day. I encourage to check out this article from our Community:


The article shows you how to manually enter an exchange rate. I'll let you review the article. If you've got questions, don't hesitate to reach out. I'm here to help.
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IntuitJames , Community Support Specialist
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