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July 28, 2024
Question

How to I record a transfer from a CAD account to a USD acct that includes a fee for currency exchange applied by the receiving account but in the initial currency (CAD)?

  • July 28, 2024
  • 1 reply
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Original commenter did not share additional details

1 reply

July 29, 2024

Hello symzali-inc-gmai,

 

Welcome to the Community. QuickBooks is a flexible program that helps simplify your accounting. I'll be glad to guide you in the right direction so you can achieve your QuickBooks goals with ease. 

 

Recording your transactions the right way is essential for ensuring your books remain accurate. That said, I recommend consulting an accounting specialist for expert advice. This ensures your entries are recorded in a way that allows for you to navigate the program with peace of mind. You can get in touch with an accounting professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. 

 

Let me know if this info helps. I'll be a message away.