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Conversion of past earnings. Which date to use?

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pyke
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Posts: 219
Joined: Sat Jan 12, 2008 1:31 pm

Conversion of past earnings. Which date to use?

Post by pyke » Sat Jan 19, 2008 2:02 pm

Which date should be used if there is no date on the last wage slip for the period claimed? It simply states the month. Should it be the exchange rate for the first day of the month, the last day of the month or the date it is banked in?

gorajim
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Joined: Mon Oct 08, 2007 4:48 pm
Location: London

Post by gorajim » Sat Jan 19, 2008 9:48 pm

Hiya,

If the Salary slip is for (say) December 2007, you need to use the rate prevailing on the 31 Dec 2007.

Cheers.

pyke
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Posts: 219
Joined: Sat Jan 12, 2008 1:31 pm

Post by pyke » Sun Jan 20, 2008 5:32 am

the last date of the month then. thanks gorajim!

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