It may be the case that your eliminated accounts do not balance due to variations between your exchange rates, this is expected in multi-currency consolidation and can be adjusted for.
A Foreign Exchange (FX) adjustment can be posted in Joiin to account for these differences.
To post an FX Adjustment:
1. Navigate to the Companies page via the left-side toolbar.
2. Locate the company/ companies you wish to adjust and click on the three-dot menu next to it.
3. Select Adjustments from the menu.
4. Choose the data format for entering adjustments: Trial Balance or Balance Sheet/Profit & Loss.
5. Click the Add Adjustment Account button to add accounts for adjustments.
6. A list of accounts from the Chart of Accounts of the company will appear. Search for the accounts you wish to adjust and click Add
- If you need to create a new account, click on the "Create new" button. Enter the Type, Name, and Code of the new account.
7. Once the accounts are added, enter the adjustment values for each month in the corresponding cells.
8. After entering the adjustments, click Save to save your changes.
The adjustments you've made will be reflected in the reports generated for the selected company.