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jemma-flanegan-b
Level 1

When running a balance sheet there is an option to select "show unrealized gain or loss". There is no option to select this when running a trial balance -why?

 
1 Comment 1
katherinejoyceO
QuickBooks Team

When running a balance sheet there is an option to select "show unrealized gain or loss". There is no option to select this when running a trial balance -why?

applied too many items/costs in the invoice and now I want to remove certain items and get them back into Unbilled Costs?

 

 

I've got an article that you can read for more information about: Tracking job costs in QuickBooks Desktop.

 

 

Hi there, @jemma-flanegan-b.

 

Unrealized gains and losses are results of home currency adjustments due to changes in exchange rates.

 

These gains or losses are only realized after the transactions have been completed when money has been collected or paid. That is why it's not reflected in the general ledger or the trial balance.

 

Please see these articles for more details:

 

 

I'll be around if you need anything else.