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This text refers to program version 4.3  

Receipts - Exchange Rates at the Bank

There will be occasions where the exchange rate used by the bank is not the same as the one you are using in FirstOffice. For example, if you invoice USD 110.00 when USD 1.61 buys one GBP (Base Currency 1), you expect to receive 68.32 in the home Currency when the Invoice is paid. However, when you receive the cheque, you discover that the bank will only add 65.00 to your account. When you enter the Invoice Number in a Receipt, the Received Value will default to USD 110.00, and the Bank Amount will default to GBP 68.32:

Change the Bank Amount to 65.00 (the Received Value will remain USD 110.00):

When you approve and save the Receipt, the loss of 3.32 will be posted to the Rate Round Off Account specified on the 'Exchange Rate' card of the Account Usage S/L setting:

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