QBO Opening stock - not purchased in home currency

You can utilize the importer tool to import the stock

https://transactionpro.grsm.io/qbo

https://partners.saasant.com/affiliate/idevaffiliate.php?id=5051_2

Unfortunately the template does not support multi-currency yet

Hello GJB37, 

When you create the stock in the product and service section, click on edit on right hand side> under quality on hand you have the option to click starting value there for that stock item and save. 

Stock is always in the home currency, you cant change this. 

Cant put multi-currency on the stock, you have to create a transaction for example a expense or bill then can convert it to the currency you want so the USD rate and you can put the date as the 1/12/19. However you need to set up a supplier or customer in the USD currency first. 

Thank-you  Fiat Lux Asia

However, I have all the SKUs already in and am about to put the qty's in.

However my main issue is the historical USD rate for 01/12/19 that I need to put in against the GBP (home Currency) rate to value the opening stock correctly.

It was easy to do in the old desktop version but I can't find the same option in QBO.

many thanks.

@GJB37 

If you really want to record the real cost in USD, consider using an inventory management.