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When working with multi-currency, everything is ultimately converted back to your home currency for reporting. The conversion rate is automatically populated based on the date of the entry. Makes sense. However often I'm entering foreign currency bills that are due in a future date, scheduling a payment through my foreign currency bank, and entering that bill as "paid" on the future date in QBO. Pretty standard stuff.
The problem is that since the date is in the future, QBO can't pull the exchange rate. So it just gives you an error. The best solution I've come up with is to modify the date to today/yesterday, copy the exchange rate that's now automatically populated, change the date back to what it should be, and paste the exchange rate in. This isn't going to be 100% accurate but it's close enough, and I have to enter something or I can't proceed.
See below; (1) the error, (2) the empty exchange rate.
Unless there's a solution I'm missing, I'd like to see QBO offer to use the latest exchange rate available (which is what I'm doing, but in a manual and convoluted way), or to note that it's temporary and then update it with an actual exchange rate when that date passes. Automatically, of cou
