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AccountEdge Tips and Tricks Newsletter
June 2020
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ACCOUNTING
Recording Unrealized Currency Gains and Losses
Even before you make or take payment on international transactions, or withdraw money from a foreign bank account, there is the potential for changes in the exchange rate to affect the value of your transactions and accounts. This potential is referred to as an unrealized gain or loss.
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ACCOUNTING
Change Recorded Transactions
You can make changes or delete transactions once they have been recorded, provided the transaction is dated in the current, or future, fiscal year. Let us explain how.
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