If you track accounts or enter transactions in a foreign currency, add that currency to the Currency List so you can select it when you create a new account.
Before you can work with multiple currencies, you must turn on the multi-currency preference. For instructions, see Use multiple currencies. Once you assign a currency to an account, you cannot change it. If you need to use a different currency, create a new account with the correct currency.
Add a new currency
Use the Currency List to add the currency and set an exchange rate.
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Choose Tools > Currency List.
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In the Currency List window, select New.
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In the Set up New Currency window, enter the currency details.
Fields marked with an asterisk (*) are required.
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Currency name*: Enter the full name (for example, Japanese Yen).
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Currency symbol*: Enter the symbol (for example, ¥).
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Currency code: Enter a short code (for example, JPY or EUR).
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Shortcut letter: Enter a single letter used to identify the currency in some places.
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Amt per $: Enter how many units of the currency equal 1 U.S. dollar.
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$ per amt: Enter how many U.S. dollars equal 1 unit of the currency.
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Select OK.
The new currency appears in the Currency List.
Use the currency in an account
You choose an account’s currency when you create the account.
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To use the new currency, create a new account and select it from the Currency list during setup.
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You can’t change the currency for an existing account.
Maintain currencies and exchange rates
After you add a currency, manage it from the Currency List window.
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To change or remove a currency, select it and then choose Edit or Delete.
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To get updated exchange rates, select Update (if available for your currencies).
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To close the list, select Done.