United States United Kingdom Australia Canada (English) Canada (French) France Singapore South Africa Global Ireland
cancel
Turn on suggestions
Showing results for 
Search instead for 
Did you mean: 
Announcements
Visit this post for a list of recent banking issues in QuickBooks Online.
A2023
Level 1
posted
‎June 02, 2023 10:37 AM
last updated ‎June 02, 2023 2:37 AM

Multi Currency Bank charges with multiple currencies

Hi, we use multi-currency, home currency us USD. I have a bank charge which is debited from the USD account.  The charges are partly in HKD$130 (converts to USD$16.63) & USD$70.22, total bank charge of USD$85.85.  

I am trying to match the bank feed payment & have tried creating a bill in USD for the $70.22 & a bill in HKD for the $16.63 but I can only match the USD element.  What is the best way of dealing with this so that the exchange differences are recognised for the HKD element?

Many thanks

0 Cheers
Cheer
Reply Join the conversation
1 REPLY 1
GeorgiaC
QuickBooks Team
QuickBooks Team
‎June 02, 2023 03:50 PM

Multi Currency Bank charges with multiple currencies

Hi A2023

 

Thanks for joining the Community.

 

The banking mechanism in QuickBooks Online doesn't support matching in multiple currencies. In this case, it's recommend to record the payment against the invoice manually with the correct exchange rate applied before excluding the transaction in your bank feed. To exclude, tick the check-box to the right of the transaction in the for-review bank feed and scroll to the top of the page > exclude. 

0 Cheers
Cheer
Reply Join the conversation
Featured
Get started with QuickBooks Online
Ready to get started with QuickBooks Online? This walkthrough guides you th...
Read more
Top

Need to get in touch?

Contact us
We have to collect some data when you use this website so it works and is secure. We'd also like your consent to collect data to study how people use our site. Doing so helps us improve our services and allows us to tailor the marketing you see on our site. Select 'Accept cookies' to agree or 'Cookie settings' to choose which cookies we use. You can change your mind at any time by clicking the 'Manage Cookies' link.
Choose your cookie preferences
Some cookies are needed to make our website work and can't be turned off. But we need your consent to use others that are not essential. You can make your choices below and update them at any time using the 'Manage Cookies' link. To find out more, visit our Cookies Policy.
These cookies are necessary for the site to function. They also help us keep your data safe.
These cookies allow us to enhance your experience and remember your preferences, region or country, language, and accessibility options.
These cookies tell us how customers use our website. We study and organize this data to help us optimise our content and provide you with personalised experiences.
These cookies help us provide you with relevant communications and ads in our products and on other sites.