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 ringgit Malaysia drop , how to I change my RM to USD

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Seng_Kiat
post Mar 16 2015, 09:13 AM

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Hi Guys,

I am recording my account but unsure how do I record this transaction:

- Convert RM80,000 in my Ringgit into my USD account
- Conversion Rate RM3.76/USD
- I received USD21276.60 in my USD account.
- There is no currency exchange gain or lost.

How to I record this transaction? what I can think of is:


Riggit Account credit: 80000
USD Account debit: 21276.60

But the issue is it does not seem balance. Can you please help?


Thank you!

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