Hi there. Glad to have you join the QuickBooks family I'll be glad to share more info about converting from Xero To QuickBooks. It's important to note that transactions of different currencies in Xero will be converted into the home currency configured in QuickBooks Online. If you have transactions in USD in Xero and your home currency in QuickBooks is CAD, all transactions will be converted to CAD using the exchange rates in Xero. There will be no unrealized foreign currency gains or losses for your customers and vendors. The rounding differences from conversions will show up and be reflected as a P&L item in QuickBooks Online. To learn more about converting your data successfully, check out this article here.
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