It would be great to be able to automatically define the currency conversion rate from credit card transactions. For example- I set my credit card up as a feed - the transaction was in USD. My default currency is CAD - the receipt is USD and when I match it there should be an option to accept the currency exchange rate as X where x is (CAD price from credit card / USD price on receipt)
Currently to do this we need to take the value from the credit card - manually calculate the exchange rate, go into the receipt and modify the exchange rate and then go back and match to the credit card.
I think on your end this would be easy and would be of great value.
To get matching to be accepted then you can set the flag 'Permit users to edit the amount in personal card expenses' to enabled. This will allow you to match on amounts which do not exactly agree. However the amount left in the report is the original amount and not the credit card amount. I agree with the previous assessment and in another post I have suggested that the exchange rate should be re-calculated when a credit card expense is matched. After all, re-calculating the exchange rate matches the reality of the situation (the credit card company really did use a different exchange rate from the mid rate gleaned from somewhere by Zoho).
I totally agree. It's quite frustrating that the matching simply blocks because the numbers in the scanned receipt and the CC statement aren't exact.