Currently, if a credit card company converts a FOREX transaction for you, you are invoiced in the foreign currency but are unable to match the expense to the correct base currency value because XERO prevents you from editing the exchange rate.
i.e.
An employee spends $15 USD on their credit card and expenses it as such.
Credit card company statement reads £12 GBP which you must repay.
Xero converts the $15USD to GBP at their rate saying the transaction is £13GBP, yet there is no way currently to edit the exchange rate to match the payment to the £12GBP which was actually spent.
Dominic Parker
supported this idea
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Currently, if a credit card company converts a FOREX transaction for you, you are invoiced in the foreign currency but are unable to match the expense to the correct base currency value because XERO prevents you from editing the exchange rate.
i.e.
An employee spends $15 USD on their credit card and expenses it as such.
Credit card company statement reads £12 GBP which you must repay.
Xero converts the $15USD to GBP at their rate saying the transaction is £13GBP, yet there is no way currently to edit the exchange rate to match the payment to the £12GBP which was actually spent.