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Hi, Robert. Yes, you can. Glad to know that you'd like to utilize QuickBooks Online (QBO) further for your expanding export business' accounting needs.
Depending on where you report your taxes, you may only need to use the multicurrency feature for foreign exchange rates or subscribe to a new QBO Indonesia subscription. I'd like to discuss more about this in detail.
If you need to report your taxes only in Singapore, I'd recommend utilizing multicurrency features for tax purposes in your current subscription. Multicurrency can help record foreign transactions easily without worrying about exchange rate conversions. To learn more about this, refer to this article: Set up and use Multicurrency in QuickBooks Online.
On the other hand, if you need to report taxes in Indonesia, it would be best to subscribe to a new QBO subscription. You need to set up the home currency based on the region where your company is situated. If this applies to you, please refer to this article for information on plans and pricing for subscribing: QuickBooks Online Pricing | QuickBooks Global.
For future reference, let me add this article about setting up foreign bank accounts in QBO: How to add a foreign currency account in QuickBooks Online?
We'll be here in the Community if you have additional questions about utilizing QBO for your export business in Indonesia. We'll do our best to assist.
Yes for sure. You should contact @Fiat Lux - ASIA for assistance. They are a ProAdvisor in Indonesia and an elite member of QB Community here. You can also ask them for training sessions and/or tax advisory for your local team.
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