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SarahannC
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Hello there, KM402.

 

Thanks for keeping us informed on how everything goes on your end. Also, I appreciate the screenshots you've added to this thread.

 

The Home Home Currency Adjustment looks for non-zero foreign balances to revalue. In QBDT, any foreign balances that are zero are ignored when home currency adjustment transaction is about to be created.

 

For now, you can create a journal entry to fix the balances on the report. The General Journal Entry technique comes in handy whenever you close a foreign bank account or zero out the balance from your reports. However, I highly recommend consulting your accountant to keep everything accurate and properly tracked. Here's how:

 

  1. Go to the Company menu and select Make General Journal Entries.
  2. Fill out the fields to create your journal entry. 
  3. Select Save or Save & Close.

 

For additional information, you can check this article: Create a journal entry in QuickBooks Desktop for Windows.

 

Still, you can read through the articles shared by my colleagues above for more tips and information about handling reports and currencies:

 

 

If you have other concerns with adjusting foreign currencies and QuickBooks reports, don't forget to stay in touch with this thread. We're all right here for you, KM402.

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