Receipts In A Different Currency

This solution is not helpful. I also need to address this as I do work in Canada as well as the US.

Please let me know when a solution is available. Thank you.

Hello Amac,

We will most likely send an email out to everyone when Multi-currency is supported on the Self Employed product, however currently only our Essentials and Plus packages are advertised to support Multi-currency.

I am not personally aware of any plans to change this, however this is being fed back internally to the development teams. I suspect the among the limitations would be that the currency conversations would need to post to a Chart of Accounts or Accounts list, to accurately record and represent the Gain/Loss of the income. QBSE is not built around an accounts list, but SA103F categories; as such - QBSE is designed around the submission of the SA103F, whereas the Foreign Currency gains falls under the SA106 form, which our system is not designed to support. I will format the feedback in such a way to include recommendations to support these supplementary pages of the SA returns.

I have spent the whole day trying to find an alternative solution to manage multi currencies expenses. I decided to upgrade from QBSE to QBO, but Quickbook online is not easy to use and the helpdesk is not trying to help me. I am looking for a different software now since Quickbook is ignorant of the essential problem. In the global world, it is difficult to imagine that all your expenses will be in one currency only! 

Same issue here. QBO is HORRIBLE, super slow and to many steps to do simple things. Its not done for professionals.

Doing multi currency receipts does not work in QB either. It only works if you enter them manually