Hi Folks.. I am trying to reconcile foreign currency bank account but QB is not showing "Match" option to match the transactions. It is only showing "Add" option.

I'm here to share details about matching foreign currency transactions in QuickBooks Online (QBO), @karteekcacma. This way, you'll be able to reconcile your account and make sure it's updated.

In QBO, your transactions will match as long as all criteria are the same such as currency, date, and amount. That's when the Match option will show. Since you're unable to reconcile until you've categorized your transactions, I'd recommend reviewing them and make sure they match with the existing ones in QBO. Here's how:

1. Go to the Banking menu.
2. Select the foreign currency account you want to review.
3. Go to the For review tab.
4. Click the transaction to open its details.
5. Make the necessary updates.
6. Once the system detects a possible match, that's when the Match option appears.
7. Click Add. Repeat as needed.

After that, you can reconcile your foreign currency account. I'd recommend performing the said process once a month. This is to effectively monitor the growth of your business and detect errors accordingly. For the step-by-step guide, kindly refer to this article: Reconcile an account in QuickBooks Online. It also contains information about editing completed reconciliations.

In case you'll encounter issues when reconciling your account, I'm adding this article to guide you further in resolving them: Fix issues when you're reconciling accounts in QuickBooks Online. It contains details on how to review transactions that are slightly off and find transactions that aren't on your bank statement to name a few.

Please let me know if you have other concerns. I'm just around to help. Take care always.

Hi,

Thanks for reply. i have configured everything perfect. Solution suggested by you is not correct. Problem is invoice in GBP, payment in EUR and company's base currency is in GBP. There is no option "find match".