Hi, when I first used foreign currency and set up my foreign currency account a few days ago, as I tagged transactions from my USD to my GBP account it asked me to enter the GBP amount received and everything worked great. Now it seems to not give me that option and instead works it out itself, but it’s wrong every time. About 22 GBP extra on a 720 GBP transaction. This is throwing my figures out, how can I get it to ask me like it was before?
Thanks
So can I confirm that you are individually tagging rather than bulk tagging the transfers? Bulk tagging will use an assumed rate, individually tagging will allow you to declare the actual amount received on the GBP side in each instance.
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