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My exchange rates appear to be backwards..?

edited Sep 7, 2023 9:28AM in Ask A Guru 6 comments

I'm looking at the financial overview and our account has a stupid amount of money from a UK perspective. We use a one world account as we have subsidiaries in UK, China, Liberia, Nigeria, DRC and Sierra Leone.

As an example, when I look at an LR journal entry on the general ledger, I see their value on the summary in £GBP, but when I click into the journal I'm seeing the journal in Liberian Dollars. However, the exchange rate appears to be backwards as $63,000 Liberian Dollars in the journal is appearing on the general ledger to me as approx £12,000,000 British Pounds.

Sam Dainton

ERP Project Manager, MPUK

Mobile Power ltd - www.mopo.co

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