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How To Sync Unrealized Gain/Loss Into QuickBooks

This article explains how to sync unrealized gain/loss data into QuickBooks.

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Written by Richard Pasquin

Note: Make sure your QuickBooks integration is already connected and your accounts are mapped.

  1. Navigate to the Accounts page from the side panel.
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  2. Click on the Apps tab.
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  3. Click on View next to your active QuickBooks connection to open its settings.
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  4. Click on the Unrealized Gain/Loss Mapping tab and ensure all accounts are properly mapped.
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  5. Click on the arrow icon, click Edit, select the account to map, and click Save. Repeat this process for all remaining accounts to complete all mappings before proceeding.
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  6. Navigate to the Accounts page from the side panel.
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  7. Click on the Calculate button and run a calculation.
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    Note: If your ledger contains deviations, you will have to resolve these deviations before proceeding. You can achieve this either by hiding and ignoring them from the calculation or through manual resolution.
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  8. Return to the side panel and click Reports.
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  9. Click the QuickBooks dropdown button at the top of the page and select Sync Unrealized Data from the dropdown.
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    Once the sync is complete, you can view the journal entries directly in your QuickBooks account.
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