currency exchange rate fixing for the whole month?

Dear Sir,

I need to fix currency exchange rate by monthly basic, please advise.


regards,

yu mon

Answer

Thanks for posting in the Community, yumon,

Let me help you in fixing your currency exchange rate in QuickBooks Online.

Exchanging rates from the Currency Centre is not advisable unless the rate is to be used for the entire day.

To manually edit the exchange rate for a Currency from the Currency Centre, here’s what you’ll need to do:

  1. Click the Gear icon at the top.
  2. Under Lists, select Currencies.
  3. Locate the currency to change.
  4. In the Action column, select Edit currency exchange.
  5. In the Edit currency exchange rate dialog, select Your rate.
  6. Enter the new rate in the field provided.
  7. Click Done.

If you’d like to change the currency when you add a new transaction, here’s what you’ll need to do:

  1. Create the invoice or bill in a normal way.
  2. Select the Currency field under the Customer or Supplier name field.
  3. Enter the exchange rate to use for the new currency.
  4. When prompted, specify whether the rate you entered applies Only for this transaction or for All transactions in this currency for this date.
  5. Complete the transaction.
  6. Click Save.

For additional information, you can read this article: About exchange rates.

However, if you mean something else, can you please provide more additional information for me to be able to provide you with the best resolution?

Looking forward to hearing from you. Have a good day!

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