multiple currencies in QuickBooks?

May 08, 2006 2 Replies

My accountant has strongly recommended that I move from Quicken to Quickbooks. However, my business typically has transactions in at least 4 different international currencies.



I am presently using Quicken UK v.6, which can handle dozens of currencies simultaneously.



Intuit's website states:



"Only the Canadian version of QuickBooks (Pro and Premier) can handle multiple currencies (Canadian and US dollars). Any currency can be set up and configured in this version."



Does this mean that Canadian Quickbooks is limited to only two currencies?



TIA



Nope, I have three clients doing business in 4 currencies or more, no problems.

By default, Canadian Quicken handles 26 currencies. Exchange rates are downloaded whenever you do a One Step Update. You can also create your own currency, but you will have to update its exchange rate manually.

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