Having read all of the knowledge base questions, and having searched the forum I have not found an answer to this.
QuickFile offers the ‘Foreign Bank Account Loss/Gain’ tool to make journaling currency account revaluations simple. Given that in numerous other pieces of the sites functionality exchange rates are automatically pulled from XE.com does QuickFile not have functionality to automatically revalue currency accounts using the same data? Have I simply missed it…
If not… is there at least a way to see the exchange rates that QuickFile uses elsewhere to keep things consistent when entering revaluations manually…?
If not… (again) to minimise workload, how often is appropriate to revalue currency accounts? in my case transactions occur very sparingly so is it appropriate to simply revalue before large ingoing/outgoing transactions?
If not… (again) this is the only feature of my old bookeeping software that QuickFile does not have. My old tool automatically created revaluation journals daily. Can we have this on QuickFile?
Thanks a lot.