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July 11, 2019
Question

Difference of exchange accounts

  • July 11, 2019
  • 1 reply
  • 0 views

Hello,

 

How can I setup/Change the accounts for currency difference of exchange?. i.e. where the DOE goes in the chart of account.

 

thanks

1 reply

July 11, 2019

Hi Rabih, 

 

 

Welcome back to the community. 

 

 

QuickBooks will automatically post the difference of exchange rates to the 'Exchange Gain or Loss' account - you can see more on multi-currency on our community guide here.

 

 

Thanks