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A2023
June 2, 2023
Question

Multi Currency Bank charges with multiple currencies

  • June 2, 2023
  • 1 reply
  • 0 views

Hi, we use multi-currency, home currency us USD. I have a bank charge which is debited from the USD account.  The charges are partly in HKD$130 (converts to USD$16.63) & USD$70.22, total bank charge of USD$85.85.  

I am trying to match the bank feed payment & have tried creating a bill in USD for the $70.22 & a bill in HKD for the $16.63 but I can only match the USD element.  What is the best way of dealing with this so that the exchange differences are recognised for the HKD element?

Many thanks

1 reply

G
GeorgiaC
June 2, 2023

Hi A2023

 

Thanks for joining the Community.

 

The banking mechanism in QuickBooks Online doesn't support matching in multiple currencies. In this case, it's recommend to record the payment against the invoice manually with the correct exchange rate applied before excluding the transaction in your bank feed. To exclude, tick the check-box to the right of the transaction in the for-review bank feed and scroll to the top of the page > exclude. 

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