QuickBooks Desktop vs QBO Multiple Currencies
Learn to record transactions using multiple currencies using both QuickBooks Online and QuickBooks Desktop
What you will learn:
How to get access to QuickBooks Desktop & QuickBooks Online including a possible free 30-day trial for bothHow to turn on the multicurrency feature in both QuickBooks Online and QuickBooks Desktop
Set up accounts related to multicurrency including account types of Cash, Accounts Receivable, & Accounts Payable
Enter transactions related to foreign currency accounts receivable in both QuickBooks Desktop and QuickBooks Online
Enter transactions related to foreign currency accounts payable in both QuickBooks Desktop and QuickBooks Online
Enter transactions related to forward contracts for speculation in both QuickBooks Desktop and QuickBooks Online
Enter transactions related to forward contracts to reduce risk on foreign currency transactions