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  • allocating payments from a customer with USD currency to bank transactions in €

    There appears to be a software limitation on allocating bank transactions in €’s to a customer whose currency is set up as $’s. Is there a way to do this?
  • Foreign Exchange Accounting

    Hi, I do accounting for an individual who has properties in USA. These properties have a corresponding USD account and USD expenses. There are funds transferred into the USD Bank account from a CAD bank account periodically. I am confused how Simply…
  • Currency Issue with the Foreign Currency Bank Account Continued

    Last Wednesday, We went through an example of how to adjust a foreign currency bank account and to bring back the correct home currency balance. Today, we are going to do another example but the assumptions will be slightly different from the first one…