Label every amount
A number without a currency is not a usable comparison. Record settlement currency, accounting home currency and bank-account currency separately. If two amounts are in different currencies, subtraction alone does not reveal a fee or error. The conversion basis and date matter.
Check the accounting prerequisite
Link My Books’ guidance requires the relevant multicurrency capability and enabled currencies in the connected accounting system for foreign-currency settlements. Do not assume the cheapest accounting plan supports your workflow. A2X also describes conversion in the accounting system. Confirm the exact plan and currency combination before selecting either product.
Use two review stages
First connect the activity and payout in the original currency. Then retain the conversion record that connects that payout to the bank or home-currency view. For a fictional 500 EUR settlement and a GBP bank receipt, the difference is not “missing EUR” until a valid common basis exists. Our worksheets deliberately accept one currency at a time.
Avoid false precision
Do not insert today’s exchange rate into a historical reconciliation unless that is the approved policy for the specific purpose. Record the rate source and conversion charge shown by the relevant service. Exchange treatment and accounting adjustments belong with the responsible professional. A tool that supports many currencies does not resolve those policy choices for you.
Sources used for this page
These records support the facts and comparisons above. Merchant-controlled records are labelled so you can separate product claims from independent evidence.
- Foreign-currency prerequisites — Merchant documentation · help.linkmybooks.com · Merchant-controlled · checked 2026-09-30
- A2X currency conversion — Merchant documentation · support.a2xaccounting.com · Merchant-controlled · checked 2026-09-30