Hi all, I really need help please!
I am having trouble with the exchange rate for different currency’s. My business uses two currency’s (USD and MMK), but is set with MMK being the base currency.
However, when I file USD bank account transactions they show up in the summary section as 1:1 USD to MMK rates, and don’t seem to be using the correct exchange rates. For example, if I filed a $100 deposit into my bank it would appear as 100 MMK and assume the exchange rate was $1 = 1 MMK which is not the case. Can you help?