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If you invested 18,500.00 MXP in a USD bank account, it will show on the balance sheet as a 18,500.00 MXP asset.  Changes in the exchange rate don't change that fact. The change is only realized as a gain/loss when you buy or sell some or all of the USD.  If you want to show changes before then, then the JE is in MXP,  with a USD value of zero so it does not change the USD value. QBO USA has a tool for this