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info-bakerstreet
Level 1

My balance sheet shows different accounts numbers then the numbers at the banking dashboard. The bank accounts where already positively reconciled. Do you know solution?

I recently reconciled all of my accounts but for two of them (USD & PLN) I had to use contra account in GBP due to the moeny movement between multlicurencies. As the GBP rate vs usd and pln was different then the one I had in bank at the time of the transactions I was typing in my own rate copied from bank at the time. The accounts were reconclied positively, everything was correct. But now when I run balance sheet report I see different ending banalce then the one that was reconciled. For example I have USD 00.00 on 31/07/21 in banking dashboard and reconciliation report but in balance sheet it shows -13.92 on 31/07/21. I saw that in balance sheet the gbp rates are different then the ones I had in bank transfers which were reconciled. Can you help with solving this?
Solved
Best answer May 20, 2022

Accepted Solutions
GeorgiaC
QuickBooks Team

My balance sheet shows different accounts numbers then the numbers at the banking dashboard. The bank accounts where already positively reconciled. Do you know solution?

Hi info-bakerstreet, thanks for your post - please revalue the currencies (Cog > Currencies > Select drop-down > Revalue currency) and then re-run the report to resolve the discrepancy :) 

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GeorgiaC
QuickBooks Team

My balance sheet shows different accounts numbers then the numbers at the banking dashboard. The bank accounts where already positively reconciled. Do you know solution?

Hi info-bakerstreet, thanks for your post - please revalue the currencies (Cog > Currencies > Select drop-down > Revalue currency) and then re-run the report to resolve the discrepancy :) 

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