How can I use Expensify for expenses claimed in pounds with an employer working in dollars?
Hi,
I'm based in the UK and my employer is based in the US. My expenses payment was a few % different from what I was expecting.
My expenses in ££s all get converted to $ at the moment they're entered (shown in the expense report).
Then at the end of the month when they're approved/paid, it seems the $ amount is converted back to £. (At that day's rate.)
I can't tell the admin to change everyone over to work in £ just for me. Is there a way to ensure that it pays me what I spent?
(Why do I think it is doing the conversion at the point of entry? I get emails saying "You've got $1234 of expenses outstanding" And $1234 stays the same each week. But by today's exchange rate, I don't have $1234, I have $1230 maybe. And by the time the claim is approved and paid it might be $1240. So it isn't like I could go in and reset all the amounts when I submit, by the time it is approved and paid it could be 2 weeks later. Follow up question: Why is expensify so slow to transfer money? It said it would be paid on the 27th for nearly a week and then actually paid on the 28th...)
I asked the concierge and they said "Ask the admin" I asked the admin and they were confused.
