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Question

Difference of exchange accounts

Forum|Forum|7 years ago
July 11, 2019
1 reply
2 views

Hello,

How can I setup/Change the accounts for currency difference of exchange?. i.e. where the DOE goes in the chart of account.

thanks

QuickBooks Desktop

Level 13

Hi Rabih,

Welcome back to the community.

QuickBooks will automatically post the difference of exchange rates to the 'Exchange Gain or Loss' account - you can see more on multi-currency on our community guide here.

Thanks