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    designer bags cyber monday

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    Handling multi-currency Amazon settlements in QuickBooks Online We will use an example of a US business selling on Amazon.com and Amazon.ca in USD and CAD, respectively. The same functionality applies to businesses selling in other multi-currency scenarios such as GBP on Amazon.co.uk, EUR on Amazon.de. Choose your USD bank account for the USD payments and your CAD bank account for the CAD payments. This will ensure that each payment is being properly accounted for in QuickBooks, in the bank account where Amazon is paying you. After sending settlement journals from A2X to QuickBooks, you can then 'match' them to the corresponding deposit in the bank account for that currency. As of late 2017, QuickBooks added support for matching foreign currency journals to home currency deposits. If your Amazon deposits are being converted by Amazon and paid directly to you in your home currency, you can now select your home currency bank account when choosing an A2X account for the deposit. A2X will detect the exchange rate paid by Amazon and use the correct amount on the journals sent to QuickBooks. After the CAD settlement journal is sent to QuickBooks, you can match it to the USD deposit by selecting "find match" as shown below: It had to be done in such a way because QuickBooks had a limitation on matching one or more journals that deposit foreign currency into a home currency bank account. designer bags cyber monday

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