EUR to USD exchange - suspense account wrong balance

Hi @Bart

Please accept my apologies, and disregard my previous post.

This is supported, but has only been added recently.

The difference in the GBP values you’re seeing is because of the exchange rate. So where the exchange rate is different to the actual rate that day (e.g. because the source of the exchange was higher/lower), you end up with a currency gain/loss.

Some transfers, including the non-GBP to non-GBP transfers leave a trace in the Suspense Account, which is code 9998.

For example, I’ve just done a transfer of 100 EUR to 115 USD. But this doesn’t match the exchange rate, so there’s a discrepancy of £0.52 showing in the suspense account:

To remove this, you need to journal the difference to Currency Charges (7902), similar to this:

Which leaves this trace in the suspense account:

The overall effect is £0.00.

Hope that helps!

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