converted balance plus: Is a foreign exchange company listed as a bank or what is the best way to record a foreign exchange transaction like this?
Without turning on multi-currency your USD account will technically still be in CAD, but will be the converted balance plus or minus the exchange.
Since you may move money both in and out of foreign exchange marketc I like the idea of treating it as a bank account. Yup park the […]
Resolution for 'converted balance plus issue: 'Is a foreign exchange company listed as a bank or what is the best way to record a foreign exchange transaction like this?' available: Yes.
The converted balance plus issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the converted balance plus issue yourself by looking for a resolution described in the article. If it is a complex converted balance plus issue or you are unable to solve the issue, you may contact us by clicking here or by using other converted balance plus support options.
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