On Saturday, December 16, 2017 at 1:16:14 PM UTC+7, Ken Mankoff wrote: > > Yes I agree that is where things should end up. I'm still wondering about > best practices for reconciling to that account. Do I shift all 4 currency > balances from foo to UBE? Or try to zero them out to my primary currency > first? etc. >
If I understand correctly, you are submitting expenses to your company in USD, GBP, EUR and then they are using some exchange rate to pay you back in DKK? The only thing you are missing is what exchange rate they are using, right? You could ask them. If it were me I'd probably do something like this.... 2017-11-05 * "Buy coffee" Assets:Wallet -10 GBP Expenses:Business 2017-11-05 * "Airfare" Assets:Credit-Car -2,000 DKK Expenses:Business 2017-11-05 * "Hotel" Assets:Credit-Card -500 USD Expenses:Business 2017-11-05 * "Taxi" Assets:Wallet -15 EUR Expenses:Business 2017-11-15 * "Reimbursements" Income:Reimbursements 3,100 DKK @@ 500 USD Income:Reimbursements 111 DKK @@ 15 EUR Income:Reimbursements 84 DKK @@ 10 EUR Income:Reimbursements 2,000 DKK Expenses:Business 2017-11-16 balance Expenses:Business 0 USD 2017-11-16 balance Expenses:Business 0 EUR 2017-11-16 balance Expenses:Business 0 GBP 2017-11-16 balance Expenses:Business 0 DKK After all, if you submitted the expenses one at time, isn't that how you'd enter it? The only complication seems to be the batching of reimbursement and the unknown exchange rate used for calculating the DKK to reimburse? The more I think about the less I see how exchange rates would come into play...unless you track the exchange rate on the day you acquired the euros in your wallet. I don't think many people do that, even with beancount. The only slippage might be if you pay in USD...which turns into e.g. 1300 DKK on you credit card. But your company only reimburses you a 1250 DKK. But that's just an unreimbursed expense...not FX gain/loss. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/c68170fd-7629-47de-9456-c8a04903d67a%40googlegroups.com. For more options, visit https://groups.google.com/d/optout.
