Hello there, KM402.
Thanks for keeping us informed on how everything goes on your end. Also, I appreciate the screenshots you've added to this thread.
The Home Home Currency Adjustment looks for non-zero foreign balances to revalue. In QBDT, any foreign balances that are zero are ignored when home currency adjustment transaction is about to be created.
For now, you can create a journal entry to fix the balances on the report. The General Journal Entry technique comes in handy whenever you close a foreign bank account or zero out the balance from your reports. However, I highly recommend consulting your accountant to keep everything accurate and properly tracked. Here's how:
- Go to the Company menu and select Make General Journal Entries.
- Fill out the fields to create your journal entry.
- Select Save or Save & Close.
For additional information, you can check this article: Create a journal entry in QuickBooks Desktop for Windows.
Still, you can read through the articles shared by my colleagues above for more tips and information about handling reports and currencies:
If you have other concerns with adjusting foreign currencies and QuickBooks reports, don't forget to stay in touch with this thread. We're all right here for you, KM402.
