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Alexis44
Level 1

"Transactions can have only one foreign currency at a time". What can we do?

Hi,

 

I am trying to record a simple transfer (in transactions>bank) between a bank account in EUR and another bank account in IDR. When I try to do so I have this error message preventing me from doing it:

 

"Transactions can have only one foreign currency at a time."

 

  1. Why?
  2. What can I do about it?

 

My company is in the UK so I have GPB (and USD) activated but I don't think this has anything to do with it?

 

Let me know if there is a workaround.

 

Thanks a lot,

Alexis

Solved
Best answer April 07, 2022

Best Answers
Ashleigh1
QuickBooks Team

"Transactions can have only one foreign currency at a time". What can we do?

Hello Alexis44, 

 

Welcome to the Community page, 

 

So you cant transfer between two foreign accounts, that is why your getting that error message,  you would have to create a contra account in your home currency, transfer the amount from the EUR to the GBP account and then transfer the amount from the GBP to the IDR account. There is no other way to do it. 

View solution in original post

3 Comments 3
Ashleigh1
QuickBooks Team

"Transactions can have only one foreign currency at a time". What can we do?

Hello Alexis44, 

 

Welcome to the Community page, 

 

So you cant transfer between two foreign accounts, that is why your getting that error message,  you would have to create a contra account in your home currency, transfer the amount from the EUR to the GBP account and then transfer the amount from the GBP to the IDR account. There is no other way to do it. 

Alexis44
Level 1

"Transactions can have only one foreign currency at a time". What can we do?

Hi Ashleigh,

 

Alright I did not understand it was working that way. Thanks for your reply I'll try that.

 

Best Regards,

Alexis

RenjolynC
QuickBooks Team

"Transactions can have only one foreign currency at a time". What can we do?

Thanks for getting back to us here, Alexis44.

 

We're glad to see that my colleague was able to help you out with your concern. Just know that whenever you need help, the QuickBooks Community is here for you! I hope you enjoy your day!