The most pressing issue is how can we reconcile between USD bank statements vs QB where the bank statement is in USD and QB is in CAD.

I'm not sure how revaluing the currency solves this issue.

The attached transaction for example is showing a transaction of USD57,755 and it is being converted to CAD78,994.69.

Are you saying that we should be revaluing the currency so that this transaction will be showing as CAD57,755 and therefore, we can reconcile this transaction with the bank statement because the bank statement is showing USD57,755?

If so, I don't think this is the proper way of solving this issue. Please advise and thx!