Just enrolled with easy start and cannot use foreign currency accounts. What do I need to do?

Welcome to the Community, Fred. We'll share details about the Multicurrency option inside QuickBooks Online (QBO).

Please know that the feature to add an account that uses a different currency or manage multiple currencies inside your company is only available for Essentials, Plus, and Advanced subscriptions of QuickBooks. That said, if you're using Simple Start, the option won't be available on your end.

If you wish to upgrade your current subscription, we'll be happy to write down the steps to get you going:

1. Sign in to QuickBooks Online as a primary or company admin.
2. Click the Gear icon and select Subscriptions and billing.
3. Make sure your payment info is up to date.
4. In the QuickBooks Online section, select Upgrade your plan.
5. Review the available plans and then select Choose plan.
6. Follow the on-screen steps to upgrade your plan.

Please see this page for more information: Upgrade or downgrade your QuickBooks Online edition.

After upgrading your subscription, you can check this article for further guidelines on how to utilize the Multicurrency feature inside the program: Set up and use Multicurrency in QuickBooks Online.

Furthermore, here are some articles to help you manage bank transactions and reconcile an account inside QBO:

• Categorize online bank transactions in QuickBooks Online.
• Reconcile an account in QuickBooks Online.

We look forward to having you here again if you need assistance managing multiple currencies inside QuickBooks. It'll be our pleasure to help you out again. Keep safe, and have a good one.

@fredvoser-vpahoc 

Is your company located in Canada?

You should upgrade your plan to Essentials. Another option, use QB Desktop with a non-subscription license.

Thanks Kurt - multicurrency sounds great, but for a lot of small business, sole trader operations who may make a few bucks from affiliate income from time to time, bumping up to the next tier adds unnecessary expenses and not a lot of benefits - except multicurrency - at a cost of more than the incremental income may be...