When are card transactions converted to a different currency?

Perk converts expense amounts (i.e., receipts) in foreign currencies to your company currency both to enable matching and to reclaim VAT after export. However, the conversion of transaction amounts is dependent on the bank providing your company cards and may therefore differ slightly from the expense amount.

The currency you want amounts to be exported in can be set by an account admin in Spend settings (Settings > Account > Companies, Spend settings), in Enable company cards for this company

This allows you to determine if you prefer amounts to be exported in the card currency, transaction currency, company currency, or original expense currency.

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