Foreign amount
I have accounts with $ and Php. The Summary page only shows in $. However it does not reflect the correct ball park conversion of Php to $.
How can I correct this so that the Summary page will show ball park total amount in USD?
Thank you.
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1 Posted by dwg on 26 Mar, 2025 02:37 AM
On the summary page the Individual account balances shown are in the currency of the account, they are not converted at that level. The totals shown are in the Base currency, hence balances are converted in calculating the totals.
To ensure that the total accurately reflect the current position it is necessary to ensure that the exchange rates have been correctly set. You can use either of the available extensions that can update exchange rates automatically or you can set them manually.