cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
NEW Connect to DBS IDEAL direct bank feeds Click here
sharonreyes
Level 1
posted
‎March 29, 2022 04:56 PM
last updated ‎March 29, 2022 4:56 PM

Banking and Bank Recon for multi currecy in QBO? Is this doable or only you can perform matching of transaction and ban reconciliation on your local currency?

Banking and Bank Recon for multi currecy in QBO? Is this doable or only you can perform matching of transaction and ban reconciliation on your local currency?

Reply
1 Comment 1
Adrian_A
Moderator
Moderator
‎March 29, 2022 05:21 PM

Banking and Bank Recon for multi currecy in QBO? Is this doable or only you can perform matching of transaction and ban reconciliation on your local currency?

Hello there, sharonreyes.

 

QuickBooks Online doesn't have the ability to reconcile foreign currency. If your home currency is USD, it will be put equal to the foreign currency. QuickBooks alters the foreign currency to USD to pass a reconciliation entry.

 

Feel free to visit this article as guide when reconciling: Reconcile an account.

 

I'm always around for more questions about reconciliation. Keep safe!

Reply