Why can't I change the currency on some journal entries?
When should I use this window?
Previous and Next
Prints the currently open general journal entry.
Lists the transactions that are related or "linked" to the
transaction you have open.
The Currency field determines the currency the journal entry is recorded in.
Home Currency Adjustment
Only select the Home Currency Adjustment checkbox when you want to revalue the home currency balances of foreign accounts. This type of journal entry is typically used at the end of a reporting period to update balance sheet accounts with currency exchange rate values. We recommend that you work with an accounting professional before making a home currency adjustment.
When the Home Currency Adjustment checkbox is selected, the currency defaults to your home currency and the exchange rate defaults to a value of 1.
QuickBooks automatically inserts today's date. You can enter a different
date if you wish.
If you number your general journal entries, enter a number for this entry.
The number appears on reports that include the general journal entry.
Account, Debit, and Credit
To do this task
In the Account column, enter the first account in your transaction.
If you are using an accounts receivable or accounts payable account, the
first account in the general journal transaction should be the accounts
receivable or accounts payable account.
Enter the debit or credit amount for the account you entered.
(Optional) Enter a memo about the amount. The memo appears on reports that
include the general journal entry.
Enter the customer, vendor, employee, or other name associated with the
amount. If the account is an A/R or A/P account, you must
enter a name.
(Optional) If you enter an expense account and a customer or job, you can
make the amount billable to the customer or not by clicking in the
(Optional) Assign a class to
Continue to enter distribution lines until the transaction reaches a zero
balance (the total in the Debit column equals the total in the Credit