Financial statements in currencies other than home currency
I have a client with transactions in both US and Canadian Dollars. I have set up a separate company with home currency as Canadian Dollars to report all activity in Canada. However, inventory comes from the US valued in US Dollars and I enter the inventory in QB Enterprise in USD. Sales are in Canadian Dollars and there are some expenses paid in Canadian as well.
My income statement is automatically reported in Canadian as I made the home currency CAD. I also want to see an income statement completely converted to US Dollars. How do I do this?
