Foreign currency bank account

I have a foreign currency (USD) bank account that I use to receive dividends from foreign stocks. I use the excel/xml importer to import the transactions and the USD amounts are converted to AUD as of the transaction date.

How do I reconcile the balance in sf360 with the actual balance in the bank account?

Hi,
The difference between the statement balance and the bgl balance is journaled to foreign currency profit or loss account. You will need to set up the income and expense accounts for this.
I then use a spreadsheet to prove the profit or loss for audit.
Regards, Evie