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FX Gain/Loss
I currently have the problem where the Gain or Loss when dealing with Foreign Exchange does not go into the correct account.
Currently, by default it goes into “Realized Gain/Loss”
However, I have an account in my Chart of Accounts that the FX Gain/Loss should be channelled into, “8800-01 TOTAL EXPENSES : ADMINISTRATIVE EXPENSES : OTHER ADMINISTRATIVE EXPENSES : EXCHANGE (GAIN)/LOSS – TRADE”
Would like to know how to change the settings so that it goes into the right Chart of Accounts.
TIA
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