When you connect Venn to QuickBooks or Xero, we automatically create a special “Vault clearing” account based on your home currency (either Vault clearing from USD or Vault clearing from CAD). This account is used to properly track all future currency conversions so your books stay accurate and easy to reconcile.
If multicurrency is not enabled:
Currency conversions may not sync correctly
You may see duplicate or incorrect records
You will need to record the conversion manually in QuickBooks or Xero
