Hi Drew,
Working with multiple currencies is not magic with ledger, I would even say
the contrary, I mean you have to do a lot by hand to be sure of what you
do. See my comments inlined.
Le jeudi 31 janvier 2013 02:56:57 UTC+1, Drew Roos a écrit :
>
> Say I'm travelling in a foreign country and making lots of small cash
> transactions in the local currency. What's the easiest way to handle this
> in ledger?
>
> Because these are all just incidental expenses, I want fix the conversion
> back to $$ when the transaction is made, so that the values of my expense
> accounts don't float over time.
>
I agree with this sentence above, but you implemented the contrary... What
you wanted is to fix the expense so that the it does not float over time.
> So imagine this:
>
> 2012/01/30 atm withdrawal
> Assets:Cash ZAR 3000 {{=$335.95}}
> Assets:Bank
>
Here, you should not fix price. Indeed, you just get cash out, and let's
imagine that tomorrow currency rate increased 10%, then you would have gain
10%, and your cash in hand will profit from this increase. Imagine that
that you change back, you will have gained 10%, so here clearly, this is
not fixed.
> 2012/01/31 lunch
> Expenses:Food ZAR 250
> Assets:Cash
>
> 2012/01/31 mobile top-up
> Expenses:Phone ZAR 300
> Assets:Cash
>
>
Here you need to fix the price, as the expense is committed, the cost to
you should not change again.
I'm using lot pricing on the bulk currency conversion, but the fixed-rate
> ZARs don't seem to follow from Cash into Expense.
>
No magic, there will be no follow from cash to expense, nor the other way
around.
> The balances of the Expense accounts still float with the current exchange
> rate.
>
With new syntax, Expenses are fixed, but the cash still in your hand can
float
It seems like you have to fix the exchange rate in every transaction,
>
Yes, in Expenses transactions.
> which seems pretty cumbersome.
>
Yes...
> What's the easiest way to go about this?
>
> I think it would be best if ledger could somehow figure out the rates from
> when you exchanged the money ("my wallet has 500 ZAR converted at rate X,
> 1500 converted at rate Y, ...).
>
Ledger can figure out the rate (when not fixed)
Failing that, fixing the conversion at that day's market price (from
> prices.db) would also work. Is there some shorthand to make this possible
> without explicitly having to spell out the conversion rate in every
> transaction?
>
Not to my knowledge.
Thierry
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