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Question

AR Revalue balance

Forum|Forum|5 years ago
March 21, 2021
1 reply
1 view

Hi Team,

I have an AR revalue open balance of $5.48 as below, please see below.

Appreciate you could advise how do i clear this open balance. Thanks.

QuickBooks Accountant Online

Hi, sc38

Note that $5.48 is in home currency and no open balance in foreign currency

since you revalue the A/R it resulted in an Unrealized gain of $5.48

Note: The exchange gain/loss is unrealized until you save the adjustment,
To record a realized gain or loss, click Save and the adjustment will be reflected in the
financial reports.

Feel free to contact me for any clarifications.