Thirsty
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Joined 4 years ago
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Inventory value for orders that have had a deposit and final payment with different exchange rates
Hi Lets say we order 100 units USD1 each. A 50% prepayment is made when the exchange rate is 75c - AUD66.66 The final payment is made and the exchange rate is 70c - AUD71.43 Total cost AUD138 Does the inventory show as a weighted average value of those 2 exchange rates - total cost AUD138 and 1.38 each? Many thanksSolved