![]() What does this tell me? It tells me that although the exchange rate is initially displayed to five decimal places, it really functions to six decimal places. One thing I noticed right away was that the total Home Currency value of the invoice was $134,434.90 CAD (see the highlighted amount on the invoice), which is 90 cents more than I expected it to be, based on the exchange rate. customer for $100,000 USD when the USD was worth $1.34434 CAD: On Jan. 1, 2017, my Canadian company invoiced this U.S. vendor, with whom this company does business in U.S. This is a Canadian company and the home currency is the Canadian dollar. The examples in this article were produced in the Canadian version of QBO, but they relate to all countries’ versions.įirst, let’s look at the transactions I entered. They were rolled out in the various countries’ versions a few months ago I’ve been testing them out. As someone with many clients using the QuickBooks® Online (QBO) multicurrency function, I have been eagerly awaiting the new multicurrency features in QBO. ![]()
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