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Experienced Member

I invoice US customers in USD. They pay in USD to my GBP bank a/c. I receive the funds against the invoice, using the exchange rate. But can't 'match' with bank feed.

When I come to reconcile I have two duplicate entries... mine, which is correctly associated with the invoices, and the bank's.  Exact same date and GBP amount, but I can only 'Add', and not 'Match' transactions.  Is there a workaround please?
Solved
Best answer 07-20-2019

Accepted Solutions
QuickBooks Team

Re: I invoice US customers in USD. They pay in USD to my GBP bank a/c. I receive the funds agains...

Thanks for dropping by the Intuit Community, porthgwarra.


Let’s select the Foreign currency option so you can match the transaction. I’m here to help accomplish this task.


Here’s how:

 

  1. Log in first to your account to access and select the Banking menu to open the Bank and Cards screen.
  2. From there, choose the appropriate account you’re working.
  3. Under For Review, locate and select the transaction to open it.
  4. Mark the radio-button for Find Match.
  5. Once the Match transactions window opens, choose the Foreign currency radio button.
  6. In the Select transactions to match section, you’ll see lists of possible matches and select the right one.
  7. Click on Save.

For more in-depth information on how QuickBooks analyses your bank transactions and matches them: Add and match downloaded bank transactions.


If there’s anything else I can help you with, click on the Reply button and post a comment. I’ll be right here to assist further. Wishing you the best. 

1 REPLY 1
QuickBooks Team

Re: I invoice US customers in USD. They pay in USD to my GBP bank a/c. I receive the funds agains...

Thanks for dropping by the Intuit Community, porthgwarra.


Let’s select the Foreign currency option so you can match the transaction. I’m here to help accomplish this task.


Here’s how:

 

  1. Log in first to your account to access and select the Banking menu to open the Bank and Cards screen.
  2. From there, choose the appropriate account you’re working.
  3. Under For Review, locate and select the transaction to open it.
  4. Mark the radio-button for Find Match.
  5. Once the Match transactions window opens, choose the Foreign currency radio button.
  6. In the Select transactions to match section, you’ll see lists of possible matches and select the right one.
  7. Click on Save.

For more in-depth information on how QuickBooks analyses your bank transactions and matches them: Add and match downloaded bank transactions.


If there’s anything else I can help you with, click on the Reply button and post a comment. I’ll be right here to assist further. Wishing you the best.