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Price levels for foreign currencies do not convert properly

When setting up a price level for a foreign currency, QuickBooks Desktop does not automatically convert it properly.

Why this is happening

The price level is calculated off from the Standard Price column. The result of the calculation is a USD amount and it is not converted to the chosen currency.

How to fix it

To resolve this issue, you need to convert custom price manually.

  1. Multiply the amount shown in the Custom Price column by the exchange rate for the currency you are using.
  2. Delete the amount shown in the Custom Price column and type in the correct converted amount you calculated in Step 1.
  3. Repeat for each price level as needed.
KB ID# SLN41814
4/27/2017 12:09:01 AM
QYPPRDQBKSWS05 9138 Pro 2017 6db7b5