Which versions of QBO support the multi-currency feature

Multicurrency feature is available in QuickBooks Essentials and QuickBooks Plus only. This feature is not available in QuickBooks Simple Start.

To turn on Multicurrency feature in QBO:

From the home page screen > Gear icon (at upper right corner) > Your Company Settings > Account and Settings > Advanced > Currency > Multicurrency

Note: Once you turn on Multi-Currency, you can’t turn it OFF.

 

Also, check out our extensive multi-currency article: http://newqbo.com/multicurrency/
 

Multicurrency feature available in QuickBooks Essentials and QuickBooks Plus.
Multicurrency feature available in QuickBooks Essentials and QuickBooks Plus.

 

Multicurrency feature is NOT available in Simple Start.
Multicurrency feature is NOT available in Simple Start.

 


RELATED ARTICLES:
QuickBooks Multicurrency in QuickBooks Online US

 








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What are the specific reports available with the Simple Start version of Quickbooks Online

First, Simple Start plan may be the best value for the bucks if your business just needs to sync bank accounts to the QuickBooks, categorize transactions to generate the Profit and Loss report; and there is no need for Accounts Payable feature.

These are the built-in standard reports available in Simple Start plan as of December 30, 2015.

simple start reports
simple start reports

Business Overview:

  • Profit and Loss by Month (NEW)
  • Quarterly Profit and Loss Summary (NEW)
  • Profit and Loss
  • Balance Sheet
  • Statement of Cash Flows
  • Audit Log

Notice there is no General Ledger (GL) report on the list. If you think you need this valuable report added to future revision, you should send them your feedback to Intuit developers.
From the home page screen > Company Gear (upper right corner) > Your Company > Feedback > Post Your Own Idea

Review Sales:

  • Sales by Customer Summary
  • Sales by Product/Service Summary
  • Product/Service List
  • Customer Contact List
  • Estimates by Customer
  • Deposit Detail

Manage Accounts Receivable:

  • Customer Balance Summary
  • A/R Aging Summary(1)
  • Collections Report
  • Invoice List
  • Statement List

(1) TIP: Notice there is no A/R Aging Detail report on the list. From A/R Aging Summary report > click grand total amount link under “TOTAL” column. It will take you to the A/R Aging Detail report. The only difference with plans is you can’t customize this report.

Review Expenses and Purchases:

  • Transaction List by Vendor
  • Vendor Contact List
  • Check Detail

Notice there is no A/P Aging Summary report listed because there is no Accounts Payable (A/P) feature in Simple Start plan.

Manage Sales Tax:

  • Taxable Sales Summary
  • Sales Tax Liability Report

Manage Employees:

  • Employee Contact List

Manage Payroll:
(Once you are subscribed to the Intuit Payroll service, you may also see the following reports)

  • Time Activities by Employee Detail
  • Recent/Edited Time Activities
  • Payroll Summary
  • Payroll Tax Liability
  • Payroll Tax Payments
  • Payroll Billing Summary
  • Payroll Details
  • Employee Details
  • Payroll Tax and Wage Summary
  • Workers’ Compensation
  • Total Payroll Cost
  • Payroll Deductions/Contributions
  • Paycheck List
  • Total Pay
  • Vacation and Sick Leave
  • Retirement Plans
  • Multiple Worksites
  • Employee Directory

Accountant Reports:

  • Account List
  • Reconciliation Reports
  • Journal
  • Profit and Loss
  • Balance Sheet
  • Exceptions to Closing Date
  • Statement of Cash Flows
  • Transaction List by Date
  • Recent Transactions

These are additional reports available with QBO Accountant version.

  • Adjusted Trial Balance (Accountants Only)
  • Adjusting Journal Entries (Accountants Only)
  • Profit and Loss Comparison (Accountants Only)
  • Balance Sheet Comparison (Accountants Only)

TIP: From Accountant version, you can UNDO bank reconciliation. Check out our article and how-to video.

My Custom Reports
You can customize many of the built-in reports and make it your own reports. Set up to automatically distribute by email. Awesome!

Management Reports
Professional set of ready-to-use management reports as prepared by accounting firms. Also, an ability to add additional built-in reports to the management reports. You can’t automate the reports at this time.

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Where can I find a comparison of what reports are available in different plans of QuickBooks Online?

QuickBooks Online is available in three different plans: Plus, Essentials and Simple Start (or EasyStart).

Here is a full list of reports available in different plans of QuickBooks Online:

Comparison of available built in business reports between different plans (Plus, Essentials, Simple-Start)

NamePESS
A/P Aging Detailxx
A/P Aging Summaryxx
A/R Aging Detailxx
A/R Aging Summaryxxx
Account Listxxx
Audit Logxxx
Balance Sheetxxx
Balance Sheet Summaryxx
Bill Payment Listxx
Budget Overviewx
Budget vs, Actualsx
Check Detailxxx
Class Listx
Collections Reportxxx
Company Snapshotxx
Customer Balance Detailxx
Customer Balance Summaryxxx
Customer Contact Listxxx
Deposit Detailxxx
Employee Contact Listxxx
Estimates by Customerxxx
Exceptions to Closing Datexxx
Expenses by Vendor Summaryxx
General Ledgerxx
Income by Customer Summaryxx
Inventory Valuation Detailx
Inventory Valuation Summaryx
Invoice Listxxx
Journalxxx
Location Listx
Open Purchase Order Listx
Payment Method Listxx
Product/Service Listxxx
Profit and Lossxxx
Profit and Loss Detailxx
Profit and Loss by Classx
Profit and Loss by Locationx
Purchases by Class Detailx
Purchases by Location Detailx
Purchases by Product/Service Detailx
Purchases by Vendor Detailx
Recent Automatic Transactionsx
Recent Transactionsxxx
Recent/Edited Time Activitiesx
Reconciliation Reportsxxx
Recurring Template Listxx
Sales Tax Liability Reportxxx
Sales by Class Detailx
Sales by Class Summaryx
Sales by Customer Detailxx
Sales by Customer Summaryxxx
Sales by Location Detailx
Sales by Location Summaryx
Sales by Product/Service Detailxx
Sales by Product/Service Summaryxxx
Scorecardxx
Statement Listxxx
Statement of Cash Flowsxxx
Taxable Sales Detailxx
Taxable Sales Summaryxxx
Terms Listxx
Time Activities by Customer Detailx
Time Activities by Employee Detailx
Transaction Detail by Accountxx
Transaction List by Customerxx
Transaction List by Datexxx
Transaction List by Vendorxxx
Transaction List with Splitsxx
Trial Balancexx
Unbilled Chargesxx
Unbilled Timex
Unpaid Billsxx
Vendor Balance Detailxx
Vendor Balance Summaryxx
Vendor Contact Listxxx
Total Number of Reports755327

 

#QuickBooks Online

 


 

What are the specific reports available with the Simple Start version of Quickbooks Online..

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