How To Add Bank Accounts In QuickBooks Desktop
Learn how to add bank accounts in QuickBooks Desktop Pro, Premier And Enterprise Edition.
This FREE video tutorial contains a guide on how to add your business bank accounts and their opening balances as at a conversion date. You can add both local and foreign currency account.
The foreign currency account lets you add your bank account, update exchange rate and get QuickBooks to report your bank transactions in your home currency.
If you have several accounts in banks - savings or current/checking, you can use the sub-button to add all the accounts you operate in a bank.
As exchange rate fluctuates, you will also understand how it impacts your report as either exchange rate gain or loss or unrealised gain or loss.
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