QB Home Ccy Adjustment 1

Click Continue to produce the report:


QB Home Ccy Adjustment 2


2. Go to Company > Manage Currency > Home Currency Adjustment.
Select the currency from the drop down list and enter the exchange rate (equal to exchange rate in Step 1). Below is the screenshot when AUD is selected:


QB Home Ccy Adjustment 3


The balance is equal to the balance of Unrealized Gains/Losses report for AUD (except for rounding error). Click Save & New to do adjustment for other currencies.


QuickBooks debit the Exchange Gain/Loss expense account & credit A/R AUD for 2 customers under the Name column:


QB Home Ccy Adjustment 4

Note that you can only make Home Currency Adjustment one currency at a time.