Reconcile a foreign currency bill paid in another foreign currency How it works If both the bank statement line and the bill are in different currencies and neither is the organisation’s base currency, you need to reconcile these through a clearing account. For example, you have an EUR dollar...
Reconcile your bank and credit card accounts Note: It is critical that you complete this step before connecting your bank and credit card accounts to online banking. Since you have not yet performed a bank reconciliation in QuickBooks Online, it assumes that no bank transactions have been reco...