Does anyone have any insight on what happens if we setup a Bank Account in USD vs. CAD? For example we are posting Customer Payments in CAD against a bank account in USD and I can see the Currency Revaluation happening for A/R. I have testing posting the same transaction to a test bank account setup for CAD, but there doesn't seem to be any differences. The Balance sheet is still in USD (since our Subsidiary is USD) and all G/L impact shows in USD, so not sure why you would choose to do one over the other. Any thoughts on this, or maybe any "gotchas" I haven't thought of? Thanks

all your payments must be in USD and all your VBs paid from that account must be in USD

@Karina so the customer payment currency has to match the bank account currency?

in other word: Bank and CC accounts can have only one currency , you can not do transactions in other currency to a bank account. Using JE's and intermediator account (suspense) you might be able to achieve what you are trying to to do.