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Replying to:
MichelleBh
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Hi there, @telgammal-imasa-.

 

It's my pleasure to help you match your different currency between two bank accounts in QuickBooks Online (QBO). 

 

You'll need no create a clearing account with your other currency. This way, you can transfer and match your different currencies in QBO. Also, the few cents difference will resolve too. 

 

Here's how: 

 

  1. Choose Accounting and select Chart of Accounts.
  2. Click on New.
  3. Pick Bank under the Account Type drop-down.
  4. Select the Detail Type.
  5. Enter Clearing Account on the Name field.
  6. Choose your home currency under the Currency drop-down.
  7. Tap Save and Close.

 

clearing.PNG

 

After that, you will have to create a bank transfer: 

 

  1. Go to the + New on the left side. 
  2. Choose Transfer under Other
  3. Select the bank account that the money is coming in the Transfer Funds From box.
  4. Choose the bank account that the money is going to in the Transfer Funds To
  5.  Enter the Transfer Amount and other necessary information.
  6. Tap Save and close.

 

If this is an imported transaction, you can select the Record transfer button in the Banking tab. You may refer to this article for the complete steps: Transfer funds between accounts.

 

 

Once done you can review all the recorded transfers in your Chart of Accounts

 

Feel free to read these articles for more information about multiple currencies. 

 

 

Let me know if you have any other questions about transferring funds to a different currency. I'm always here to help. Have a good one!