Revolutionizing Accounting and Finance with AI. Many of you have asked which AI software applications we are utilizing. We currently use Gamma.app for content creation and Play.ht for text-to-speech (TTS).

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