You can keep track of transactions in foreign currency with QuickBooks Desktop, The multi-currency specialty enables you to specify a specific currency type for the following profiles and accounts:īefore turning on multi-currency, please keep in mind, the following steps. Steps to Enable Multi-Currency in QuickBooks Desktop This feature gives you to assign the desired currency type to multiple currency profile and the account such as Credit Card Accounts, Vendors, Bank Account, Customers, Account Receivable, etc. Through QuickBooks Multi-Currency feature you can track income and expenses in Multiple Currency in the whole world and can track previous exchange rates. Steps to Turn On the Multicurrency feature.How the Multi-currency feature changes QBO.Steps to Enable Multi-Currency in QuickBooks Online.Step 5: Create foreign-currency transactions.Step 2: Add foreign-currency customers and vendors.Steps to Enable Multi-Currency in QuickBooks Desktop.