When add income under Accounting unable to select Loss on foreign exchange

Reven

Hello, when I add income under accounting, I wished to split the deposit so that I can keep track "Loss on foreign exchange" under one transaction, but I realized everytime I split the deposit the "Loss on foreign exchange" is not available for me to select but only "Gain on foreign exchange", so I have to add another transaction just to keep track my "Loss on foreign exchange", may I know why? Thanks.

ConnorM

Hey @Reven! Great question here. If you're trying to split an income transaction, then each portion of that transaction, even if split, will still be considered income. You are not able to have income that is counted as a loss, which is why you need to add that secondary transaction as an expense in order to track that loss. This would be the best way to track your funds within Wave, and I would encourage you to continue to do so.