Hello, CamMull.

I'd like to share some details about the exchange rates.

In QuickBooks Online, the exchange rate is always calculated as the number of Home currency units that equal 1 Foreign currency unit.

If you want to make adjustments with the exchange rates, it's always a good idea to check with your accountant for advice. This is to ensure that your book stays accurate and compliant.

Here's how:

1. Go to the Gear > Currencies.
2. Find the currency you want to adjust.
3. Under the Actions column, click the small arrow icon next to Edit currency exchange and select Revalue Currency.
4. Set a date (today or a day in the past) to run a currency revaluation.
5. Select whether you'd like the revaluation to be based on the market exchange rate or a rate you specify.
6. Choose the account(s) you want to apply the revaluation to.
7. Hit Revalue.

For more information about the exchange rates, you can read these articles:

• Learn about exchange rates in QuickBooks Online
• Enter home currency adjustments for your foreign balances
• Frequently Asked Questions about Home Currency Adjustments

Please reach out to me again if you have any additional questions or other concerns. I'll be right here to provide the solutions. Have a good day!