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Hi Kristian,
This is an Australian business selling to US and foreign customers.
This is an example of the transaction:
- Client makes sale to customer for USD$300
- Stripe converts the sale to AUD eg AUD $384.83
- Stripe deducts fee in AUD eg, AUD $13.44
- Stripe pays balance to client in AUD, eg balance of AUD$371.39
I wanted to find out the best and most efficient way to reconcile this in Quickbooks.
Regards,
Sharon