We update exchange rates in Sage 200 on a monthly basis with rates from HMRC.
We've just noticed that when a new quotation is created using the 'copy quotation button', it will also copy the exchange rates from whenever the original quote was created.
So we today (October) had a new quote created from an earlier quotation (April) to save some time re-entering info from scratch. The quote was in USD and it strangely showed an older exchange rate which doesn't agree with our current Fx rates. The exchange rates have moved quite significantly since April.
It would be beneficial if the Fx rates on the newly created quote used the current/latest period exchange rates rather than obsolete information (even if copying from an old quote).
Thanks
Idea Benefit | Realistic info and profitability calculations |
How do you solve for this problem today? | First time it has happened and someone noticed. Will monitor going forward. |