QB Issue Resolution:

The basis of the rate should be the currency of the bank you’re reconciling. You’ll also want to check your bank statement to get the exact amount.

If you need a refresher on the reconcile process though, feel free to check out this article: https://community.intuit.com/articles/1145755.

Let me know if you have additional assistance reconciling in QuickBooks Online, I am here to help!

reconcile_an_account_1.JPG
reconcile_an_account_2.JPG

Resolution for Issue 'What rate to use for foreign currency interest in bank reconciliation' available: Yes (Solved).
Source: Intuit Community forum.

What rate to use for foreign currency interest in bank reconciliation: this 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 issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for bank statemen
Quickbooks Repair Pro will resolve it efficiently and affordably. Guaranteed resolution of your issue, or you pay nothing!

Error Recovery for bank statemen [Canada]
E-Tech is the #1 Quickbooks data migration and Conversion service provider.

Get 50% off Quickbooks Online

Click Here for 50% off!

Additional Support Options: