Will the automatic exchange rate be recalculated if I edit a request before its final approval? (Xero)

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• Will the automatic exchange rate be recalculated if I edit a request before its final approval? (QuickBooks Online)

  No, the automatic exchange rate will not be recalculated based on the date of editing.

• I've set a request date in the past, will the exchange rate be calculated automatically based on this date?

  Yes, the automatic exchange rate is calculated based on the document date.

• What if I set a manual exchange rate for my document and then delete it? (Xero)

  If you delete a manual exchange rate, the automatic rate will be applied to documents based on the document date.

• What if I need to resubmit a request not in default currency with document date in future? (Xero)

  For requests whose document date lies in the future, the automatic exchange rate will be applied based on the current date (unless a manual rate has been set) and will be recalculated every day until reaches the document date. If you change a request ...

• Where does ApprovalMax get the exchange rate from?

  The Exchange Rates feature allows users to apply accurate currency conversions when processing and approving finance documents such as Invoices, Purchase Orders and Expense Claims. This ensures that the financial records and reports reflect the most ...