Quickbooks desktop recording negative interest debit to foreign currency bank account

Hi there, luckymom05.

Thank you for visiting the QuickBooks Community. I'll be providing details on how recording transaction works on the Register page. Then, to ensure that you'll be able to see the interest in the right location.

There is an account register page in QuickBooks Desktop that gives you the history of an account. It lists all past and current transactions associated with it and the section only shows the Payment and Deposit column. The amounts shown in the Payment section are the money-out transactions which also appear in all the debited amounts of the Euro account. While the Deposit column represents the income entries.

If the said interest is money out, I reccomend creating a check entry in QuickBooks. This way, the amount for the negative interest will show in the Payment column on the Register page.

Additionally, you can run and customize the General Ledger report in QuickBooks. From there, you'll be able to see the Debits and Credits columns so you'll be able to know what accounting method is being affected by each transaction.

Here's how:

1. Click the Reports menu at the top.
2. Choose Accountant & Taxes.
3. Select General Ledger.

Once done, you can now start customizing the report.

Lastly, you may refer to this article to view details on how QuickBooks Desktop provides different reports to display various data from your company file: Understand reports.

 I hope that this response finds you with a smile. Please don't hesitate to post again or leave a comment below if you have any follow-up questions. I'm always here to help. Have a great rest of the day.