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QuickBooks Online QBO

Can I delete automatic exchange loss / gain entry in QBO

The option to directly delete the automatic exchange loss/gain entry in QBO is unavailable at this time. This is mainly because the entry is automatically generated when a payment is applied to a foreign transaction.

Here’s a helpful article with detailed instructions on how to change the currency. It provides an overview of how the adjustment process affects your records:

Enter home currency adjustments for your foreign balances