Discussions
Canadian Exchange rate changes affecting USD costs of products? Case#521505
[posted this over in the accounting section too]
We are a Canadian company that deals with US suppliers.
When we setup US suppliers in our system, they are setup as using USD currency – since we pay their costs in USD $$$, not Canadian $$$.
Something has changed in one of the v11+ updates, so that now when I change our system exchange rate when paying US bills (eg 1.15 to 1.18) it's changing my US suppliers USD costs on product - which it clearly shouldn't be!
eg: If the supplier charges $100USD for the widget this week with the Canadian Exchange rate at 1.15, it still cost us $100USD. If the Canadian exchange rate is 1.18 next week, we STILL pay $100USD for that product regardless of what the Canadian exchange rate is set to on the system. The $USD cost on that product should NOT be changing.