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!
ringgit Malaysia drop , how to I change my RM to USD
Mar 16 2015, 09:13 AM
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