Exchange rate problem

I have a US$ invoice for $40,000, paid in US$ from a US$ bank account. When I tag the payment to the invoice it shows an exchange rate of 1.5994 (which I’ve checked is right and correctly calculates an exchange rate variance of £147.85. But when I look at debtors it has translated the amount as £23,314.10 leaving me with an outstanding balance of £1,695. Even if I could journal it out I have no idea what the other side of the entry would be as the exchange rate is correct - I can;t see why its posting £23,314.10 to debtors control - its not what the payment says!

I need to grab some additional information to look into this further. I will send you a PM to discuss this further.

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