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ukgeltd
Level 1

End of year Balances in actual currencies

Hi

 

We are trying to find out how we can generate a report for end of day balances for a specific date, in Actual Currencies.

 

What we need is a report like the 'For my accountant - Account List' but instead of showing today, show as of a specific date in time. There doesn't seem to be a way of changing the date.

 

The Balance Sheet automatically use QB's built in currency rates to convert figures but we need the balances in actual currency rates in one report.

 

Is this possible? Thank you

1 Comment 1
JamaicaA
QuickBooks Team

End of year Balances in actual currencies

Welcome to the Community forum, @ukgeltd

 

I understand that each company has unique needs, and it's always handy to be able to run a report according to their currency. I can also see how pulling up a report for daily balances on a specific date would help you track them easily.

 

At this time, QuickBooks Online can only run reports using the home-currency. Thus, I encourage you to submit feedback to our Product Development Team. They will evaluate these and pick some of them to include in future updates.

 

Here’s how:

 

  1. Go to the Gear icon.
  2. Under the Profile column, select Feedback.
  3. Enter your suggestion, then click Next.QBO feedback.png

     

You'll want to track your suggestion through this website. You can also visit our blog to keep up with all of our recent events and developments.

 

As a workaround, we can customize and filter the Balance Sheet Detail report to get the data you need. I’ll show you how:

 

  1. On the left pane, go to the Reports menu.
  2. Search for Balance Sheet Detail report.
  3. In the Report period drop-down, select the specific date you want to show on the report.
  4. Click the Customize button.1.PNG
  5. Go to the Rows/Columns section and click Change columns.2.PNG
  6. Put a checkmark to the Currency and Foreign Amount checkboxes.
  7. Hit Run report.3.PNG

 

Once done, you'll be able to see accounts with different currencies on the report.

 

See this article to learn more about personalizing reports: Customize reports in QuickBooks Online. It includes managing and sharing custom reports over email.

 

You'll also want to memorize this report if you want to run the same settings in the future. Check this article for a guide: Memorize reports in QuickBooks Online

 

I wanna make sure I got you covered. Tap on the Reply button for any follow up questions about reports. Have a wonderful weekend!

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