Issues with transfer between multi-currency accounts with "Undeposited Funds Account"
Hello, I am enjoying Wave and its help resources very much.
In current scenario, I am following the instructions to reconcile a transfer from foreign currency into home currency bank accounts per this article (very clear, and exactly matching my case): https://support.waveapps.com/hc/en-us/articles/115002033786.
Evertyhing works fine when I create the additional income and expense transactions into / from the Undeposited Funds Account (UFA), I set the exchange rate in the income transaction, and the UFA has a zero balance.
However, when I complete the final step, to create a transfer to link the transactions from UFA into the Home Currency bank account (USD), and from Home Currency Bank account into UFA, the UFA account shows the incoming transfer in Home Currency NOT at the value I set with the exchange rate, but ate the nominal exchange - and hence, it is not zero but has a balance (equaling the difference between the exchange-rate converted amount and the actual amount I received). When I reverse and unlink the transfers to troubleshoot, the exchange rate I set is gone and replaced with the nominal exchange rate - and this I think is causing the problem.
I am quite sure I am following the instructions right - Can anyone please let me know what could be wrong?
Many thanks and I look forward to any help to get this fixed!