GL: How to adjust foreign bank account’s home balance
Question : My USD bank account already zero balance, but home balance in MYR still have balance. How to adjust it?
Version : 1.8 / 1.9 / 2.0
Use journal entry to do the adjustment.
Go to G/L > Journal Entry to create new journal. In the journal entry,
1) Select Currency Code = MYR, Currency Rate = 1.0000
2) Currency Rate (for USD Bank A/C) = 0.0000, Currency Rate (for Gain on Foreign Exchange A/C) = 1.0000
3) If home balance is negative, you need to Debit the amount for USD bank a/c, If home balance is positive, you need to Credit the amount for USD bank a/c
Inquiry the ledger report, USD bank account balance remain zero and the home balance in MYR is zero now.
By : Aimi 180727, Lay Swan 180801, P180803
|AutoCount Accounting 2.0
|AutoCount Accounting 1.8 / 1.9
|AutoCount On The Go
|AutoCount Accounting Plug-In Documentations