How to manually enter Payee for deposit in Foreign currency account

Thanks for posting in the Community, @lenaraiwa.

Currently, we're unable to edit the Payee field in a foreign currency account's ledger. I've got a workaround to complete your task.

Let's edit the deposit and use the Memo field so you can manually enter Payee. This way, it'll show up in your foreign currency account's ledger to determine the origin of the transaction. I'll guide you how.

1. Open the ledger/register of your foreign currency account again. 
2. Locate the deposit. 
3. Select Edit Transaction or Edit Deposit. 
4. In the Memo field beside Date, manually add Payee from your previous memo info. 
5. Click Save & Close. 
6. Choose Yes to confirm the changes. 

The screenshots below show you the third to sixth steps. 

Here's a sample screenshot of the result (before and after): 

For the time being, you can check out this website to learn more about our product improvements: What's New.

I also suggest visiting this link to keep track of all your foreign currency transactions in QuickBooks Desktop (QBDT) Pro 2020: Help Guide. 

Aside from your foreign currency account's ledger, I recommend running the General Ledger report in QBDT. It shows a list of transactions for all your accounts within a specific period. Just go to the Reports menu, select Accountant & Taxes, and click the same name. The screenshot below serves as your visual guide. 

You can also customize the said report to focus on the details that matter the most to you and your business. 

I'll be right here to help if you need anything else. Keep safe always. 

Hi RaymondJay,

Thanks for the info. it is appreciated. I had seen using the memo field as a workaround,but I use it for other data, is there no way way to manually enter the payee as you can do in the USD account(main currency)?

Is there a reason that quickbooks does not allow this to be done? I don't understand why it would be, unless it is just a glitch?

Thanks in advance!

Good day, lenaraiwa.

I understand that you need to enter the payee when depositing using foreign currency. I'll submit feedback about this to our product team. 

You may visit our QuickBooks Blog so you'll be updated about our new features and innovations. 

Keep on posting if you have more questions. Stay safe!