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How to view account balances in foreign currency and not in home currency

The company has CDN and US vendors and customers.  When the Balance Sheet report is run both bank accounts are displayed in CDN value.  How do you run a report that shows the USD value (foreign currency) not converted to CDN (home currency).  And how do you run a Profit & Loss to show only foreign currency value not the CDN converted value?

3 Comments
QuickBooks Team

Re: How to view account balances in foreign currency and not in home currency

Hi there,

 

Thanks for reaching out to the Community. 

 

At this time, QuickBooks Online will only show you the home currency on your reports. I know how useful this feature is to you and I encourage you to leave Feedback about this to our engineers. You can do this by clicking the gear icon and looking for feedback. New product ideas are based on the feedback we get from other users like you. Let me know if you've got questions. I'm here to help. 

Senior Explorer *

Re: How to view account balances in foreign currency and not in home currency

JamesM thank you for your quick reply.  I'm using QBDesktop and not Online.  Is this the same for Desktop?

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QuickBooks Team

Re: How to view account balances in foreign currency and not in home currency

My mistake. The same applies with QuickBooks Desktop. Reports will always reflect the home currency regardless of the currency used in transactions. I encourage you to check out this article for more info https://quickbooks.intuit.com/community/Getting-Started/Set-up-and-use-Multi-currency/m-p/262250http.... Feel free to ask questions.