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Finance | Project Operations, Human Resources, ...
Answered

Exchange Rate convert from AUD to USD

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Posted on by 65

We have exchange rate setup as from AUD to USD

pastedimage1602740846412v1.png

The exchange rate on the transaction line level is still having the other way around from USD to AUD.

pastedimage1602740936615v2.png

Is there anyway we can have it consistent from AUD to USD?

I have the same question (0)
  • Martin Dráb Profile Picture
    237,880 Most Valuable Professional on at

    It looks correct to me. If 1 AUD is 0.71 USD, then 1 USD is 1.40845 AUD.

    If you want something else in the journal, then your problem seems to be about the journal and not about exchange rate setup.

  • AaronChen Profile Picture
    65 on at

    Thanks Martin,

    The conversion is correct.

    However, we want to it being 0.71 from AUD to USD.

    Because sometime we want to change the line exchange rate, eg to 0.705.

    If based on current setting, we will have to work out 1/0.705 and put that figure in the exchange rate field.

  • Verified answer
    André Arnaud de Calavon Profile Picture
    301,035 Super User 2025 Season 2 on at

    Hi Aaron,

    When you have enabled the new grid control in feature management, you are able to put online calculations. Then you can enter 1/.0705 in the exchange rate field and it will calculate it. See: docs.microsoft.com/.../grid-capabilities

    Otherwise, you can consider a customization to add an edit method on the grid which will shows and manages the exchange rate based on the reciprocal value.

  • Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Hello Aaron,

    Have you checked out what Andre suggested (online/grid calculations).

    Wouldn't that fix your issue?

    Best regards,

    Ludwig

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