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The currency decimal point is set as default in the program, accounts-zadco-o.
QuickBooks Online downloads exchange rates nightly from WSoD (Wall Street on Demand). You can also manually enter exchange rates and revalue them if needed.
Let me show you how:
- Go to Settings ⚙️, then pick Currencies.
- Click Edit currency exchange under the Action column.
- Choose Your rate to enter your currency.
- Select the small arrow ▼ icon in the Action column, then choose Revalue currency.
- Click Revalue and save.
You don't need to worry if you see a report that is off by pennies. The government understands rounding discrepancies and ignores penny differences.
Learn more about this by reading through these articles:
Feel free to leave a comment below if you need anything else aside from changing the currency decimal. I'm always right here to help you.