Hi guys, I’m having some difficulty entering the exchange rate on a transaction. Can you help?
Hi guys, I’m having some difficulty entering the exchange rate on a transaction. Can you help?
2 answers
Sure, what’s the issue.
-
Sherlock
December 3, 2016
I'm trying to enter 0.8057 as an exchange rate but the box is still red -
Is this the correct format
-
I cannot save the invoice as 'paid' at the moment
-
Peter Connor
December 3, 2016
Can you send me a screen shot with the error - you can up load them here. -
Does that make sense?
Is that the rate the bank gave you?
And you know you’re paying 4k with 2k?
-
That's the rate on the bank website (and I can see how it turned out in ££ in the account). 4k and 2k is an error, will correct now
-
Bank web site, as in your bank online bank account?
-
No...the actual exhange rate advertised on their site
-
not sure the rate shows up in my statements
-
Ok so it's the exchange rate that your bank gives you for that transaction on that date. Their the boss.
It will be on your statement. -
It doesn't actually appear to be, but surely I can just calculate it
-
The difference between dollar and pound ammount
-
In any case, that is not the issue
-
The issue is I can't save
-
Wait a minute!
-
Bullets job is to stop you entering the wrong information. That FX rate goes on to calculate if you made an FX gain or loss if you make a gain then you get taxed on it etc.
It simply won't let you enter a rate that isn't right, ever. The rate will be on your statement. -
It now seems to be working
-
Cool.