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I have a situation. My Home Currency is INR, and I do have multi-currency transactions. Until now I was basically converting anything between local currency INR and 1 foreign currency. But Now I moved funds from 1 Foreign currency bank account to another foreign currency bank account. How to record this, Quickbooks gives an error that only 1 foreign currency can be recorded in the transaction.
Solved! Go to Solution.
Utilize a clearing account
As an additional option, consider opening a Wise Business account to manage multi currency transactions easily and use the bank feeds to QBO.
Utilize a clearing account
As an additional option, consider opening a Wise Business account to manage multi currency transactions easily and use the bank feeds to QBO.
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