[EMAIL PROTECTED] wrote:
> > Another problem with the above is that the two sums at the bottom of
> > the main window (assets and profits) will get out of sync even though
> > double entry has been followed, simply because the sums are done over
> > all accounts without regard for the different currencies. I'm not
> > sure how to do this correctly, but I think you either need separate
> > sums for each currency with a special way to handle any inter-currency
> > transfers, or you need to select a preferred currency and have the
> > sums of all the accounts in other currencies somehow converted into
> > the preferred currency.
>
> Yep, that's a bug ... any suggestions on how to fix this? How do other
> packages do this?
My gut feeling says that at all times compare Apples with Apples.
Two ways spring to mind. The first involves quoting the final totals as
one or more separate totals, for example normally you would have just
"dollars", but now you have "dollar total", "pounds total", etc either
side by side or one below the other, or whatever. This method I think is
the best, as you aren't assuming anything (such as exchange rates)
you're simply telling it like it is.
The second way is to keep an exchange rate handy, and then pick a base
currency, to which all other currencies are converted.
It would be great if you could have both.
Regards,
Graham
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over Bourbon Street
tonight...
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