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neeraja
Level 1

How do we write off a year end exchange rate difference so that the GBP balance is changed but the USD balance remains the same?

 
1 REPLY 1
EmmaM
QuickBooks Team

How do we write off a year end exchange rate difference so that the GBP balance is changed but the USD balance remains the same?

Hello Neeraja

 

Thanks for contacting the Community

 

To write off the exchange rate difference at the year end you can use the revalue currency tool. If you go to the cog>currencies> under the USD currency in the drop down by action select revalue currency> change the revalue date to be the end of year>revalue and save

 

Any questions let us know

 

Thanks

 

Emma

 

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