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Reports

Reports

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Will QBO add the ability to accurately calculate a foreign balance?

It is already well documented in this forum that QBO online does not, in any way, provide a way to run a report showing the foreign balance of an account.  See this thread: https://quickbooks.intuit.com/learn-support/global/reports/will-qbo-ever-add-the-ability-to-run-a-report-showing-the/00/568005 and this thread: https://quickbooks.intuit.com/learn-support/global/reports/in-qbo-can-i-run-a-balance-sheet-detail-report-to-show-an/00/566022 Unfortunately, there is an incorrect understanding of how the balance sheet detail report works, even among QB employees that have responded to these threads. They assume that because you can see exchange rates for individual transactions that from the balance sheet detail report you could somehow calculate the foreign balance. This is not possible because on any account that is of a foreign currency type the beginning balance on the balance sheet detail report is shown in the home currency and there is no exchange rate

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anuraag
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Drew_E
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Will QBO ever add the ability to run a report showing the non local currency cash in my 'cash in hand' accounts for a specific date range?

I have QBO multicurrency turned on. I have looked through the list of available reports including: Account List, Balance Sheet Detail, and General Ledger. I need to run a report that shows how much cash is in my 'cash in hand' accounts at the beginning of April and then again at the end of April. My home currency is USD and these accounts are in a local currency. I can't find any report in QBO that will show me these account values for this date range in their local currency. This is an important report that we need to go along with our cash count system. The 'Account List' report does not allow you to specify a date. It seems this is similar to another issue posted: https://quickbooks.intuit.com/learn-support/global/reports/re-in-qbo-can-i-run-a-balance-sheet-detail-report-to-show-an/01/567072#M143 I am surprised that QBO doesn't fully support multicurrency. Without the ability to run reports showing how much cash is in 'cash on hand' accounts I do not feel that QBO truly supports mul

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