Hi,

 

We are currently exploring Zoho Books to replace our accounting system.

 

Our base currency is in SGD. However, we do send invoices in USD. For USD invoices, we receive payments from customers in USD directly into our SGD bank account. We entered a payment received for a USD invoice, including the exchange rate that was used to convert the original USD invoice amount into the SGD amount that we actually received in our bank. However, when we checked under the Banking section, the SGD amount is not the same as what we actually received. Why is this so? Any solutions?

 

Thanks!