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You'll need to go to your company preferences, cgcmanila. I'll provide the step-by-step process to ensure you can set up the multicurrency feature in QuickBooks Desktop (QBDT).
When you select Multiple Currencies, you'll be routed to the My Preferences tab. This tab will have no options since personal preferences for this feature are unavailable. Hence, you'll want to proceed to the Company Preferences tab. Let me show you how.
- Head to the Edit menu, the Preferences.
- Click Multiple Currencies and go to the Company Preferences tab.
- Tick the Yes, I use more than one currency option.
- Choose your home currency in the designated dropdown, then select OK.
After that, follow Steps 2 to 5 in this article to finish the setup process: Set up and use Multicurrency.
However, you can troubleshoot your QBDT through the verify and rebuild tool if the Company Preferences tab doesn't contain any option to enable multicurrency. It helps uncover issues within your data that require necessary fixes.
Once you're all set up, please consider utilizing these materials as your guide when tracking your income expenses, whether each transaction is using a foreign currency or not:
- Accounts Payable workflows in QuickBooks Desktop
- Get started with customer transaction workflows in QuickBooks Desktop
Should you require further assistance with the multicurrency setup, we're always around the corner to help. Kindly leave your queries below, and we'll revert to this thread in no time with all the information and resources you need.
