Foreign Currency Receipts in Expense Grid

When creating an expense report that contains foreign currency receipts, by enabling this feature users can now enter and view information for all foreign currency receipts in the Expense Grid. The Expense Grid displays different currencies and associated exchange rates for the receipts. When the grid is saved, amounts are converted to the expense report default currency for reimbursement and will appear in the default currency on the expense report. If company settings allow, exchange rate amounts can also be modified in the Expense Grid.

Note:

If company settings mandate that the receipt currency match the envelope or user's default currency, the Exchange rate for foreign currency receipts is displayed as read-only. The ability to modify exchange rate information is also based on the company Foreign currency receipt type selection. To select the Foreign currency receipt type, users with required role privileges navigate to Account > Company > Settings > Expenses Options and select either “Modifiable exchange rate based on the current date,” “Non-modifiable exchange rate based on the receipt date,” or “Non-modifiable exchange rate based on the receipt date. Ignore rate overrides.”

To enable this feature, contact OpenAir Customer Support.