My EUR Bank balance is ZERO as on 31-Mar 2022. But my USD equivalent for the EUR bank acct is showing USD 5952.06. Kindly advise on how to make the USD balance ZERO.

Thanks for getting back to us, ankur1306.

Let me add some additional information about the currency. But before that, I'd like to verify, what is your current home currency? If you want to zero out the balances for the USD currency, you have the option to make adjustments. 

When you make adjustments on your home currency, this changes the home currency value of your foreign balances, and will recalculate them based on a new rate. These adjustments affect your balance sheet accounts. Before doing the adjustment, it's always a good idea to consult with your accountant to ensure your books accuracy. If you're not affiliated with one, you can visit our Intuit Find-A-ProAdvisor site to find certified professionals near you. 

To create the adjustment, here's how:

1. Go to the Gear > Currencies.
2. Find the currency you want to adjust.
3. Under the Actions column, click the small drop-down arrow and select Revalue Currency.
4. Choose a date (today or a day in the past) to run a currency revaluation.
5. Select whether you'd like the revaluation to be based on the market exchange rate or a rate you specify.
6. Choose the account(s) you want to apply the revaluation to.
7. Click Revalue.

For more details about the adjustment process, you can check out these articles:

• Frequently Asked Questions about Home Currency Adjustments
• Enter home currency adjustments for your foreign balances

Please let me know if you have any additional questions or need help with other features in your QuickBooks account. We're always available to help you out.