Good Morning,\n\nThe US company I work for has acquired a company located in Canada, which will be run on its' own only consolidating financials into the parent company for Financial Reporting purposes. My question is, what would be the "best way" for this Canadian subsidiary to pay US Invoices? \n\nIs it possible for the Canadian subsidiary to cut a check in CAD from their Canadian bank account and have its US vendor make the conversion to USD\nor\nThe Canadian subsidiary convert the invoice to UAD before cutting the check, hitting a Gain/loss on Exchange account for the difference? \nor\nThe US parent company pay the US Invoice & have the Canadian subsidiary pay the US Parent company - hitting a Gain/Loss on Exchange for the difference.\n\nWe don't anticipate there to be many US invoices for this Canadian Subsidiary, but there is the possibility. Just looking for the best route to process US vendor payments from a Canadian subsidiary company as this is new territory.\n\nAny help/insight would be greatly appreciated.