Hi all

I'm new, just started using QBO.

As QBO is unable to sync the old bank records, I manually keyed in expenses (USD) with exchange rate according to my bank statement.

However, the SGD calculation in QBO came out differently from the SGD amount stated on my bank statement.

For example, payment of USD 2,941.26 (FX: 1.3288), my bank statement stated amount in SGD was 3908.29; however, QBO came out SGD 3,908.35.

How to reconcile this?

Many thanks.