Michael Rowlands
Level 2

Banking

Hello,

 

thanks for the replies, I've looked at the app suggestion and it isn't feasible for me to spend £9.99. I take 2 USD payments per month and they are both usually under $10. So I might as well just stop even selling in the US rather than pay for the app if that makes sense?

 

Is there any way to sort this manually so that when I reconcile it balances? I don't mind doing a couple of transactions manually every month personally (although I will be putting a suggestion into QB still!)

 

At the moment I've amended the PayPal transaction from the amount pulled in by QB, and changed it to the correct GBP amount. E.g a payment of $10 would show as £10, I've gone in and changed it to the exchange rate for the day, so for example £8.80. But then that put my PayPal out by £1.20. Then when reconciling I now have an extra deduction on the profit/loss report showing minus another £1.20. 

 

Surely there is a way I can even exclude the PayPal transactions and add these 2 manually without it needing to minus more money when reconciling? 

 

I'm trying to get everything sorted and ironed out before the new tax year so I don't need to run a spreadsheet alongside QB otherwise I might as well not bother with QB at all!

 

Thanks,

Michael