I have a way on how you can set up the contractor, CoachKeegs.
You can add them as a vendor. To add currency on how you pay the contractor, you can turn on the Multicurrency feature. Note: Once the Multicurrency is enabled, you can no longer change the home currency and turn it off.
I've got this article for more details: Turn on and use multicurrency.
Then, follow these steps to turn on Multicurrency:
- Go to the Gear > Account and settings.
- On the left panel, select Advanced.
- Scroll down to Currency, and choose your Home Currency from the drop-down list.
- Click the toggle icon to enable Multicurrency.
- Put a check mark on the I understand I can't undo Multicurrency box.
- Click Save and then Done.
Please see this sample screenshot:
Once done, let's go add the contractor in the Vendors page.
Here's how:
- On the left panel, click Expenses > Vendors.
- Click the New vendor button located in the upper right corner.
- In the Vendor Information window, add the contractor's information.
- Select the currency from the I pay this vendor with drop-down menu.
- Click Save.
I'm adding this article for reference: Add a vendor with a foreign currency in QuickBooks Online.
If you have other concerns with QuickBooks Online, please let me know in the comments below. Thanks.