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Discrepancy with bank account and balance sheet

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Is this a foreign currency bank account?

It's possible for the foreign currency balance (in the dashboard) to show zero but for the GBP balance (on the balance sheet) to show a value. This value equates to the currency loss/gain.

If you go to the bank settings, there's an option to "Record the currency loss/gain movement".

All this does is journal the remaining GBP value to the currency loss/gain ledger.


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