As you might expect, given that this is QuickBooks, working with multiple currencies isn’t that complicated. (This includes both foreign currencies, like the Euro, and virtual currencies.) To go “multiple currencies,” you simply identify the currency that you’ll use for specific bank accounts, customers, and vendors.
Thereafter, QuickBooks assumes that when you’re recording transactions for these bank accounts, customers, and vendors, you’re working in the specified currency. QuickBooks clearly identifies the specified currency in windows and dialog boxes next to amount boxes.
To enable you to convert foreign (including virtual) currencies to your home currency, QuickBooks also adds a Currency List command to the Lists menu, which you use to track currencies and their exchange rates so you can translate transactions denominated in a foreign (or virtual) currency into your home currency.
