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June 2, 2022
Question

When I record a transfer between the USD bank and the CAD bank, the GL is showing the amount in CAD. My banks balance, but my balance sheet is totally out of whack.

  • June 2, 2022
  • 1 reply
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1 reply

June 3, 2022

Hi tess2, 

 

Welcome to the Community . QuickBooks is designed to help you save time so you can do the things that you enjoy the most. I'll be glad to share more information so your balances are correct. 

 

One of the best ways to verify the accuracy of your accounts is by reconciling the accounts. Since QB shows the balance in your home  currency, this maybe why your GL is showing the amount in CAD. Based on what you've shared,. Otherwise, I recommend you to check out these helpful resources with more info about reconciling in QuickBooks:

 

I encourage you to go through the articles above as they provide helpful information which will help you complete your reconciliation with ease. If you have questions, don't hesitate to reach back to me. I've got your back.