Exchange rates

1

Hi
Help me with valuation of transactions in foreign currency.
My transactions do not change despite the exchange rates being set.
It gives me a rate like USD11=17.29 ZMW instead USD1=17.29 ZMW,ZMW is base currency
Check screen shot below

Screenshot (36)
Screenshot (36)1366Ă—768 77.8 KB

hope I am clear
Regards

2

Whatever your base currency is, it isn’t ZMW

A base currency setting like this

image
image505Ă—573 7.43 KB

will give an Exchange Rate setting like this

image
image537Ă—601 9.22 KB

where the base currency is listed

Please show the edit screen for you r base currency and explain what edition and version you are using

2 Likes
3

Hi Joe
Look at my base currency .
My exchange rate should show 1 USD= 16.87 ZMW .
See screen below

| Joe91
March 12 |

  • | - |

Whatever your base currency is, it isn’t ZMW

A base currency setting like this

will give an Exchange Rate setting like this

where the base currency is listed

Please show the edit screen for you r base currency and explain what edition and version you are using

Screenshot (37).png
Screenshot (37).png1366Ă—768 77.7 KB

Screenshot (38).png
Screenshot (38).png1366Ă—768 78.8 KB

4

Your screenshot shows that 1 ZMW = 16.87 US$. YOu should enter 1/16.87 to get the correct rate. The result is 1 ZMW = 0.0592768 USD

5

@Ryanngoma84, the exchange rate screens you showed in post #1 and post #4 are for two completely different entries on two different dates. Introducing both into this thread is just confusing and—more importantly—useless for troubleshooting. This also suggests you changed your base currency between posts.

Please, if you want help, you must provide consistent and accurate information about what you have done.

6

Thanks Eko,it has worked.