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Buy nowHello,
We have two currencies in our Quickbooks online. One is USD, our home currency and the other is AUD. We have a USD account and an AUD account.
Our client paid us in AUD and the fund was deposited into our AUD account. After I matched the AUD payment to the AUD invoice, I transferred the AUD into USD and deposited the USD into our USD account.
How do I record both my transactions in my AUD and my USD account?
A bit more details about what I am looking for to solve.
In my AUD account, now it shows : -$2800.
My USD account, it shows: $2100.
The AUD -$2,800 is the USD$2,100.
I tried to create a dummy account in USD to record the transfer. But the dummy account will show -$700. It does not look right to me. Please advise. Thank you.