QuickBooks Team

Pay bills

Hello, @55Brightideas.


Allow me to provide additional clarification about importing/downloading historical exchange rates in QuickBooks Desktop (QBDT).


Once your multi-currency is turned on under the Preferences, you have the option to download the latest exchange rates to automatically update the exchange rates. Here's how:


  1. On the QuickBooks homepage, click on the Lists menu.
  2. Select Currency List.
  3. Click on the drop-down arrow beside Activities.
  4. Click on Download Latest Exchange Rates.

Just to clarify that as of the moment, we don't have the option to download the historical exchange rates automatically, you may need to enter the rates manually.


To manually enter the exchange rates:


  1. Go to the Lists menu.
  2. Select Currency List.
  3. Double-click a currency.
  4. In the Edit Currency window, update the currency exchange rate for specific date/s.

For more information about multi-currency, you may check this article: Set up and use Multicurrency.


I'm always here to help you if you have any other questions about multi-currency, just add a comment below. Have a great day ahead!