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Everything you need to know about connecting your bank and credit cards in QuickBooks Online

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E21J
Level 3

I have a small historic exchange difference on my USD Purchase Control Ledger (my accounts are in GBP). How can I clear this please?

I am not able to clear this at the correct date because the original transactions occurred in the prior period of accounts which have been audited and signed.

I have tried clearing this with a journal against the Purchase Ledger Control Account (USD) and an expense account on the P&L but this requires me to put a supplier which then results in the supplier having a balance.  I would be grateful for suggestions as to how I can fix this.

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