Hello there, Bambi. I'm here to lend a hand.
The exchange gain or loss account for June is showing differences due to the changes you made, where you allocated June Payments with April invoices. If you want to prevent the account from changing after closing the accounting for June, you can create a Journal entry for the adjustment. Before doing so, I suggest consulting your accountant to ensure the accuracy of your account.
To create a journal entry, follow these steps:
- Select Make General Journal Entries from the Company menu.
- Fill out the fields to create your journal entry. Make sure your debits equal your credits when you’re done.
- Choose Save or Save & Close.
For future reference, here's an article that outlines best practices for reconciling your account: Reconcile an account in QuickBooks Desktop. It also provides guidance on addressing challenges during the reconciliation process.
If you need further assistance, feel free to reach out. We're here to help, Bambi. Have a great day!