Multicurrency is not available in QuickBooks 2008.

If you turned Multicurrency on but did not use it

If you never used the Multicurrency feature to create foreign currency accounts or transactions in a company file, you can upgrade the company file to use with QuickBooks 2008.

If you created foreign currency accounts or transactions using Multicurrency

If you used the Multicurrency feature, your company file cannot be converted to use with QuickBooks 2008.

If you have multicurrency transactions in your company file, you can:

• create a new company file in QuickBooks 2008 and import your customer, supplier, and item lists.

  However, you cannot import historical transactions. You may want to consult your accountant for assistance.

If you're not sure whether or not your company file has transactions that use multicurrency, see Does my company file use multicurrency?