respected gurus,
please help on the below issue....
i have maintained foreign exchange rate for INR and USD with 48.00.. but when i was try to post foreign exchange entry with 200 USD. the exchange amount not coming in right figure... its coming like some (6.23) but i supposed to get 9600.
should we maintain foreign exchange rate every month is it compulsory ? if we don't maintain Exchange rate in the 2nd month can system recognizes 1st month Exchange rate.
Science M is the default exchange rate.....
if we maintained exchange rate 01.jan.2009 ... INR- USD 48.00, and 02.jan.2009 ..INR-USD.49.00.
when transaction posting in 1st period (jan) system recognizes which Exchange rate 1st one or 2nd one
please resolve this... thanks
satya