Do I need to set up "QuickBooks Multi-Currency" to pay Multi-Currency bills in Veem?

When you are invoiced by an overseas vendor in USD, you may not need to set up QuickBooks multi-currency.

When you are invoiced in a foreign currency and would like to record the foreign exchange gain or loss then multi-currency may help you.

Here is a link to the QuickBooks multi-currency setup guide and some of the important considerations to make before switching it on.


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