I am NOT asking about accounting method.

I'm simply asking, what do you mean by manually revalue the currency and how revaluing the currency solving the issue of balancing between USD bank statement in USD and QB in CAD?

I can only assume, what you mean is exactly the illustration that I have provided above. If not, can you explain what do you mean by manually revalue the currency?

If so, I will close this thread by not accepting any answer as the accepted solution.