After reading https://erpnext.com/docs/user/manual/en/accounts/multi-currency-accounting I still am left with a question.
We want to move our company currency from USD to RMB. We can do this in Company > currency. However, this does not convert the precious estimated costs, as they are based on the Activity Cost rate. Manually updating the rates to RMB doesn’t seem to solve this issue, as this only affects new timesheets.
Is there any way we can convert our company AND our timesheets from USD to RMB? There is too much historical data to ignore here.