Exchange rates

who can use this feature \ admin managers you can set and manage company wide exchange rates for expenses, payroll processing, and payroll billing in each case, the applicable exchange rate will be the rate with the latest effective date in comparison to expenses—the expense date payroll processing—the pay cycle start date payroll billing—the pay cycle start date add exchange rates if there is no exchange rate between two currencies, you must add it to create the first exchange rate entry to add a new exchange rate go to admin settings > exchange rate select add new the new exchange rate screen appears select the currencies enter the exchange rate and effective date enter the reference rate and reference rate source select save changes add new entries to exchange rate you can add new entries to existing exchange rates the new exchange rate will apply based on the effective date onwards to add an exchange rate entry go to admin settings > exchange rate under an exchange rate, select the expand icon to view the exchange rate entries select add new entry the add new entry screen enter the exchange rate and effective date enter the reference rate and reference rate source select save changes a new entry has been added to the exchange rate edit exchange rate entries you can edit an exchange rate entry to modify the details to edit a leave item entry go to admin settings > exchange rate under an exchange rate, select the expand icon to view the exchange rate entries under the relevant exchange rate entry, select edit the edit entry screen appears update the relevant fields select save changes delete entries from exchange rate if you delete an exchange rate entry, the action cannot be reversed if there is only one entry in the exchange rate, the exchange rate will also be automatically removed when the entry is deleted to delete an exchange rate entry go to admin settings > exchange rate under an exchange rate, select the expand icon to view the exchange rate entries under the relevant exchange rate entry, select the delete icon