Currency A/R Exchange Account


Exchange Accounts are automatically created when you create a A/R or A/P Accounts.

When you create a new Accounts Receivable account in a foreign currency such as the pictured A/R CAD, its matching A/R CAD Exchange is automatically created for use.

Together these accounts reflect balances in your currency by showing a balance in a foreign currency and automatically posting the difference into the Exchange account.








Related:

Next: Currency Customer Prefs

  Chapter 352 Setting Up Currencies

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