Multi currency bank accounts

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Posted on by Plen123

Hi there, we have CAD and USD bank accounts within our Canadian currency company. We primarily work in CAD and have started to have minimal USD transactions. Any USD transactions are translated to Canadian and then paid from the USD bank account so the journal entries into the bank account GL are in CAD. But then this gives us a problem when trying to reconcile to the bank statement as we want to keep track of the transactions in USD to match to the bank statement..... can anyone help?

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