Foreign Currency accounts /Balance sheet reports

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  • Updated 7 months ago
Hi..can someone explain to me why my foreign currency bank account which is in the black, shows up in the yr end balance sheet as in the red??
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Nerida Gray

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Posted 7 months ago

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Kellie Cockerell

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Do you do monthly adjustments (exchange loss/gain)?  If so check that the home currency adjustment is still ticked on each journal entry.  I had this issue a while ago after we had upgraded.