cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
sarmurray
Level 2

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

Is there a way to change this to MXN?
6 Comments 6
Lourdes-Fernandez
Level 6

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

Hello sarmurray,

Welcome to the community, I'd be more than happy to share my collected information in regards to multicurrency and its capabilities with QuickBooks Online.

Multicurrency in QuickBooks Online
https://www.intuit.com/content/dam/intuit/intuitcom/partners/documents/icom-education-program-ca-qbo...

I hope you find the information useful! Have an awesome rest of the day.

Kindest Regards,
Lourdes Fernandez
Fiat Lux - ASIA
Level 15

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

@sarmurray 

Explore this app to send your payroll in CAD and your employee will receive it in MXN. Then you may record the payroll transaction in journal entry.

https://transferwise.prf.hn/l/75dqNgB

 

 

Rebecca R
QuickBooks Team

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

Hi there sarmurray,

 

As you'll glean from the handy guide that @Lourdes-Fernandez has shared, the Multicurrency feature in QuickBooks Online doesn't allow you to manage Payroll in foreign currencies. As @Fiat Lux - ASIA has shared, there is at least one app, and maybe many others that'll make paying employees in foreign currencies a little easier.

 

Submitting Feedback through the Gear icon is a great way to let our product development team know that expanding

our Multicurrency feature to work with the Payroll module would be helpful. New Features get added regularly and yours may just be up next if enough other users have requested work on the same feature.

 

Check out the articles below to learn more about how Multicurrency works and how you can use it:

 

 

Let me know if there's more you need a hand with. I'm happy to help! Take care.

sarmurray
Level 2

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

Thanks so much for your response. TransferWise is great. I do use it. But for this purpose I am paying an employee with funds that are already in another currency. 

sarmurray
Level 2

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

Thank you. This was a very helpful guide and clarified for me that at this time what I’m wanting to do isn’t an option. 

Rebecca R
QuickBooks Team

Hello. I use the multi currency feature. I am adding payroll and I pay my employee in MXN however it seems there is only the option to add payroll expenses in CAD.

I'm glad that @Lourdes-Fernandez and I were able to clarify things for you, @sarmurray. Don't hesitate to reach out again here in the Community if you need help with antoher QuickBooks-related question or query. Have a great week!

Need to get in touch?

Contact us