Hi all, Is there a way of doing bank transfers be...
# accounting
r
Hi all, Is there a way of doing bank transfers between 2 foreign currency bank accounts? For example transfers from a EUR account to USD account when our base currency is GBP. We are currently getting this error message, we would like to avoid setting up a clearing account as this will cause a lot of admin work.
m
Create Journal entry it’s a same thing One JE : Bank account in EUR to your clearing account Second JE : clearing account to your bank account in USD the balance of the clearing account is equal to zero after that
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r
Thanks