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May 7, 2019
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Can we recognize by account the Exchange Rate Unrealized Loss/Gain and Ex Rt Realized Loss/Gain for example account 5127/5128 Unrealized and 5129/5130 for Realized?

  • May 7, 2019
  • 1 reply
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Original commenter did not share additional details
Best answer by Angelyn_T

Hi there, @e.ramirez.

 

I'm here to help share information about the Exchange Rate Unrealized and Realized Gains & Losses.

 

I've checked that 5000-5999 range of category is for Cost of Goods Sold (COGS). Unrealized and Realized reports only affect bank, accounts receivable, and accounts payable.

 

If you're trying to realized/unrealized COGS, then, this is not possible in QuickBooks Online (QBO).

 

In case you have any other QBO concerns in the future, feel free to visit/check our help articles: Help articles for QBO.

 

Please don't hesitate to check back with us if you're referring to something else, I'll be always here happy to help you. Wishing you the best!

1 reply

Angelyn_T
Angelyn_TAnswer
May 7, 2019

Hi there, @e.ramirez.

 

I'm here to help share information about the Exchange Rate Unrealized and Realized Gains & Losses.

 

I've checked that 5000-5999 range of category is for Cost of Goods Sold (COGS). Unrealized and Realized reports only affect bank, accounts receivable, and accounts payable.

 

If you're trying to realized/unrealized COGS, then, this is not possible in QuickBooks Online (QBO).

 

In case you have any other QBO concerns in the future, feel free to visit/check our help articles: Help articles for QBO.

 

Please don't hesitate to check back with us if you're referring to something else, I'll be always here happy to help you. Wishing you the best!