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Bank Reconciliation by using other currencies.

  • 24 May 2023
  • 5 replies
  • 67 views

Userlevel 2
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Hi All,

I need to do a bank reconciliation for EURO currency. But my base currency is USD. Could you please let me know  that should I convert my EURO figures to USD before import my bank statement to the system or system automatically converts it. 

Thank you

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Best answer by nawanjanahansamali50 23 June 2023, 03:39

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5 replies

Userlevel 4
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Hello Nawanjana,

 

In what currency is the Cash Account being denominated to which this Bank is associated with?

Userlevel 2
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Hi,

My base currency is USD. But I need to prepare a bank reconciliation for EURO bank account.

 

Userlevel 7
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Hi @nawanjanahansamali50 were you able to find a solution? Thank you!

Userlevel 2
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Hi @Chris Hackett,

We are pleasure to inform you that we received a solution.

Thank you

Userlevel 7
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Thank you for letting us know. Would you be willing to share the solution with the community @nawanjanahansamali50 ?

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