On Sat, Jan 21, 2017, at 02:40 PM, o1bigtenor wrote:
> Greetings
>
> I have this propensity to travel and/or to purchase this from out of
> country.
> This means that my credit card amount isn't the same as that displayed
> on the invoice.
> So I enter from the invoice and then adjust later when I get the
> credit card invoice which tells me how much I paid in my currency.
> Credit card exchange rates change often (think it might be on the
> minute I'm really not sure how often the companies change their
> exchange rates but I do know it doesn't stay the same for even one
> day).
>
> This produces an invoice which in currency A reads like (nonsense
> numbers)
>
> foo1 23.12
> foo2 4.25
> foo3 125.21
> foo4 23.25
> shipping & handling 15.24
> tax 12.34
>
> Tt 203.41
>
> the exchange rate is given as 1.302612
>
>
> Is there a way of writing the invoice in ledger so that the exchange
> is applied to the amounts?
>
> Maybe I'm asking for something that goes further than ledger intends
> to go but I know that although I am comfortable in doing the
> calculations for this kind of issue that a lot people aren't. (That's
> why a lot of people get others to do their bookkeeping for them!)
I live in a multi-currency world reguarly. I tend to track all of my
currencies directly, such as
2017-01-01 Purchase in EUR on a USD CC
Expense:Foo 5 EUR
Liability:CC $5.10
If I enter the transaction before the CC bill arrives, I enter a
tentative dollar amount and then clean it up in reconciliation.
Does that help?
regards,
bex
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