In foreign currency revaluation, how can I change the default gain/loss PL ledger to another ledger

Currently, QuickBooks Online (QBO) doesn't offer an option to change the default posting account when revaluing a foreign currency balance. I recommend discussing any desired reclassification of this amount with your accountant to ensure accurate financial records.

QBO uses the Gain or Loss account because changes in the home-currency value of a foreign currency balance due to exchange-rate fluctuations result in a gain or loss.

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