Multi-currency bank reconciliation

Have issue with Multi currency monthly bank reconciliation. The QBO bank accounts don't seem to maintain the home currency while reconciliation, they are showing converted version of sales and purchases. Anyone who can really help? TIA

Answer

Hello zaheerbullen,

I'm here to share some information with you about reconciling foreign transactions.

When reconciling a foreign transaction, the transaction that will show up on the reconciliation page will already be the amount based on the home currency.

When you mentioned that the transactions are showing the converted version of sales and purchases, do you mean to say that the currency is showing as the foreign currency? If this is what you're referring to, you may also contact our QuickBooks Customer Care​ team. This way they'll be able to further check your concern and verify if there's an issue when it comes to reconciling foreign transactions.

If you have any other questions or clarifications, feel free to comment below. I'll be here to further help you.


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