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Mar 29, 2022 11:56 PM UTC
Question

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?

1 reply

Adrian_A
Mar 30, 2022 12:21 AM UTC

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!