Override FX rate on the individual expense level
This idea is to the ability to manually change the FX rate for individual expense line. I envision this being an option that the Admin would enable on the policy level. This would of course warrant a flag in the Report Notes so that approvers can see that the FX rate was changed (Maybe even showing what the old rate vs new rate is).
Use case example:
- Lets say I am traveling to Europe and I exchange $100 to €75 in the airport (FX rate is 0.75). That exchange rate the airport vendors gives is usually a few points worse than the actual rate that Expensify uses (FX rate of 0.833). So when I report that I spent €75 EUR, Expensify will use the Expensify rate and the report will show $90 to be reimbursed. In this case, I lost $10 on the conversion.
In this scenario, I would like to override the FX rate in Expensify to specify that it should be 0.75 and that way I would get reimbursed the full $100 and be made whole.