Person with Foreign Currency | Exchange Rate

Task #12589 | 5068.000

 

If an employee is paid in a foreign currency and an amount was entered in the reporting journal, the exchange rate was always determined at the time of entry. If the exchange rate was updated in the exchange rate table only after the reporting journal entry was made, it was possible that the “Calculate Pay” function did not use the current rate for conversion to the client currency. Now, the exchange rate is always determined at the time of payroll processing. To do this, we use the “Payroll ” date from the request page and compare it with the start date of the exchange rate entries. The exchange rate used is always the one listed as valid in the exchange rate table as of that date.