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I use multi currency.
My home currency is USD and my sales prices are in USD. But there is a product that I sell also in local currency and in USD.
How can I have a sales price in USD and one in local currency. I have a bank in the local currency.
Thanks to helping me
Solved! Go to Solution.
Hi there, @caii.
Welcome to the Community. I can share some details about the multi-currency feature in QuickBooks Deskop.
You can add foreign currency customers, vendors, and accounts but there's no option yet which you can add 2 different currency per product. This is actually a great idea, and I can help you pass along this to our product team.
In order for the request to get more votes, I also encourage you to send your feedback:
We value your suggestions. If there's anything else I can do for you, please feel free to leave a comment below.
Hi there, @caii.
Welcome to the Community. I can share some details about the multi-currency feature in QuickBooks Deskop.
You can add foreign currency customers, vendors, and accounts but there's no option yet which you can add 2 different currency per product. This is actually a great idea, and I can help you pass along this to our product team.
In order for the request to get more votes, I also encourage you to send your feedback:
We value your suggestions. If there's anything else I can do for you, please feel free to leave a comment below.
Thanks
Hi Honey
I use Multi currency and if I want to discontinue using it, would it effect on pricing/monthly charge at all?
Hi Guys,
I am currently using Multi currency and if discontinue using it, would that reduce my monthly subscription charge? I am referring to my client [client's company name removed].
Also, if I stop using multi currency function, what would be the effect on my existing transactions (foreign sales invoices)?
Your quick response will be appreciated.
Thank you
Hey there, @ikramabubakr.
Multi-currency is one of the features offered in the Essentials, Plus, and Advanced versions of QBO. Once turned on, you can no longer turn it off.
Though there's an option to downgrade your subscription to Simple Start, some of the features that are available in your current subscription will also be removed. Here's a chart of comparison for more details: https://quickbooks.intuit.com/pricing/.
Also, you can refer to this article for more information about switching to a different version: Downgrade your QuickBooks Online plan.
Additionally, the Community is a public forum. So we encrypted your client's company name to secure sensitive information.
Feel free to comment down below if you have other concerns. I'll be around to help.
Consider opening a new QBO account for your client
https:// quickbooks.grsm.io/US
https:// quickbooks.grsm.io/us-promo
then utilise a 3rd party tool to migrate data between QBO accounts.
https:// transactionpro.grsm.io/qbo
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