Changing Currency for uploaded transactions

[curno]

Hi, I have a USD Wise and Revolut account. I have uploaded statements to ensure I capture historical transactions, however the transactions are all showing as GBP rather than USD. How can I upload a statement to show USD transactions? How can I ensure the account is set as USD account.

[rhc]

Hi

In your bank account settings (under more option on your USD bank account screen) you can set the currency for that account. But it is only working if you have multi currency enabled, and USD.

Setting up your bank accounts

Introduction Your QuickFile account will come preloaded with a basic set of bank accounts. The main bank accounts are visible on the Dashboard and you can obtain a full list of accounts by clicking on the “View all” link. [image] In QuickFile, bank accounts offer a flexible way to not only keep track of your current account but also to manage savings accounts, credit cards, merchant accounts (e.g. PayPal, Streamline, Barclaycard Merchant Services etc), loans, and even cash coming in and out …

Invoicing in foreign currencies

Introduction QuickFile provides full support for multi-currency sales invoicing, purchase invoicing and banking. You can easily raise invoices in over 100 different currencies and QuickFile will automatically track your gains and losses using real-time exchange rate data. How can I setup Multi-Currency Invoicing? By default the multi-currency tools are switched off. You can easily activate them from the ‘account settings’ area in your QuickFile account. [image] From the multi-currency settin…

Hope this help

[curno]

Thanks @rhc this is helpful. It looks as though since I did not enable multi-currency invoice before setting up the bank feeds, it did not give me the option of choosing currency and the bank accounts defaulted to GBP. Now as the bank accounts have transactions, it is too late to change the currency to USD. I need to either

Transfer the balances over to the new accounts.
Post a money In/Out the the Exchange Rate Variance code to correct the balance.

Or

Delete all the transactions
Re enter them on the new accounts with the correct currency

Thanks, Joyce