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thomas-boytinck
Level 1

Why is it that QB automatic revaluation of foreign currency investments (shares and loans) go to Realized FX loss, and not Unrealized? Thanks!

 
Solved
Best answer January 31, 2020

Best Answers
Kayla H
QuickBooks Team

Why is it that QB automatic revaluation of foreign currency investments (shares and loans) go to Realized FX loss, and not Unrealized? Thanks!

Good Morning, @thomas-boytinck.


I have information on the multi-currencies set up to ensure that it's complete without errors. When adding a currency, follow these simple steps listed below.

1. Click the Gear icon.
2. Pick Currencies. 
3. Select New.
4. Choose foreign currency. 
5. Hit Add or edit if the currency already exists.

 

 

Check out these links I have provided below for additional information on different situations in QuickBooks Online.

 

Multicurrency in QuickBooks Online.

 

New Multicurrency Features in QuickBooks Online.

 

If there is anything else I can assist with let me know, I'm just a post away.

View solution in original post

1 Comment
Kayla H
QuickBooks Team

Why is it that QB automatic revaluation of foreign currency investments (shares and loans) go to Realized FX loss, and not Unrealized? Thanks!

Good Morning, @thomas-boytinck.


I have information on the multi-currencies set up to ensure that it's complete without errors. When adding a currency, follow these simple steps listed below.

1. Click the Gear icon.
2. Pick Currencies. 
3. Select New.
4. Choose foreign currency. 
5. Hit Add or edit if the currency already exists.

 

 

Check out these links I have provided below for additional information on different situations in QuickBooks Online.

 

Multicurrency in QuickBooks Online.

 

New Multicurrency Features in QuickBooks Online.

 

If there is anything else I can assist with let me know, I'm just a post away.

View solution in original post

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