Right now the manager template for exchange rate is:
1 Functional Currency = Foreign rate
Is there as way to have an option to use the other way around? like:
1 Foreign Currency = Functional currency rate
We need this because if we transposition the rate (multiply divide) there will be a large difference on the forex gain or loss.
our central bank will give us a rate:
1 USD = 50.144000PHP
it will be okey if our functional/presentation currency is USD. But the problem starts if our functional/presentation currency is PHP. we need to recompute and put:
1PHP = .01994 USD
The problem is that there will be a difference in the translation.