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Loc: Johannesburg, South Africa
Sage 300 2016 Create GL entry in GBP (British Pounds) where the functional currency is ZAR. First update GBP exchange rate say for 15 May 2017. Open new batch and do entry. Select the Account which has forex enabled. Allows me to change currency to GBP. Enter say 1000. The exchange rate comes up as 0.0783956 where it should be about 17.5. If I use the finder I can see the date and the correct date but the rate remains unchanged. If I enter the equivalent ZAR amount, it calculates the correct rate but I have to enter both amounts. I cant specify the rate and it does not pick it up even though I see it in the finder.
Any ideas why the rate does not come up? And where does it get a random incorrect rate of 0.0783956?