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ypiesman
Occasional Member - Level 1

Euro exchange

I’m submitting an expense that was charged in Euros but when Concur converts this to dollars it appears the conversion rate is off (see attached screenshot). The dollar is now worth 1.04 to the 1 euro.

 

Is it possible to adjust the conversion rate in concur so this is more up to date?

Thank you

2 REPLIES 2
Nancyagfa
Frequent Member - Level 1

The charge is usually converted on the date of the actual charge.  Using a different date could give you more/less than the date of purchase.  Usually, the credit card does the conversion on the import.

KevinD
Community Manager
Community Manager

@ypiesman what @Nancyagfa said is spot on. 

 

To technically answer your question, the answer is yes, you can manually adjust the rate as needed. However, if this was a credit card charge, the amount should be correct because the card company will use their exchange rate to convert the total and that is what will be charged to the card. 


Thank you,
Kevin Dorsey
SAP Concur Community Manager
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