That is correct.
We are using "Lower". So if we use an exchange date of say April 1, and our transaction date is later in April, I would expect that the default rate would be equal to what we entered for April 1.
But instead, the Rate still shows 0.0000 on the Invoice/Check screen. We still have to select or enter a value.
Shouldn't the April 1 rate automatically appear as the default rate?