Hello, I have a question about national currency and currency conversion.
How does the currency effect the accounting in Mifos X? For example if the
loan is disbursed in US dollars on 10th of September and I want to convert
it in local currency at the end of the month for accounting, how will it be
converted from US dollar to local currency and will it be able to do
accounting only in local currency? also will the conversion be by the
exchange rate of 10 September or when the report is generated?
Also, where can I see the currency exchange rates?
Thanks.
Best Regards,
Tengiz Merabishvili
FINA Ltd | ORACLE Gold Partner
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