Booking a paid untility deposit in a foreign currency
The problem I am having is setting up an "other asset" account to book a paid utilities deposit in a foreign currency. When I select add a new account, it does not give me an option to select the currency. The deposit we had to give to the utility company is in a foreign currency and not our home currency. I have multiple currency selected on my QB account. It lets me change the currency when I add an expense account but not an asset account. Any ideas on what I need t do?