Thanks. "[...] I prefer method 1 since it correctly records the day the paypal account is settled" I thought that by adding the ; [=DATE] in methods 2 and 3 I was recording the day the paypal account was settled, am I wrong?
"Note that the Currency Exchange transaction is wrong because it suggests that Paypal provided the AED for you to settle the Paypal account. It is more likely that you got the AED from your bank account to settle the paypal account." In fact I meant the Paypal account because in this scenario I actually have an AED account in my Paypal wallet that I periodically top-up. Therefore, when I want to settle the transaction, I basically do an internal exchange conversion within my Paypal wallet. On Thu, Dec 9, 2021 at 11:42 AM psionl0 <[email protected]> wrote: > For my 2 cents, I prefer method 1 since it correctly records the day the > paypal account is settled. Note that the Currency Exchange transaction is > wrong because it suggests that Paypal provided the AED for you to settle > the Paypal account. It is more likely that you got the AED from your bank > account to settle the paypal account. > So the transaction should look like > 2021/04/01 * Currency Exchange > Assets:Paypal 25.00 EUR @@ 100.00 AED > Assets:Bank > > > On Thursday, December 9, 2021 at 8:27:53 AM UTC+8 Martin Michlmayr wrote: > >> I don't have time to think through your samples right now and I hope >> someone else will respond. >> >> However, I wanted to mention Peter Selinger's tutorial on multiple >> currency accounting: >> https://www.mathstat.dal.ca/~selinger/accounting/tutorial.html >> >> Reading/applying this has been on my TODO list for years, but I'm >> being told it's a good way to handle transactions with multiple >> currencies. >> >> (If anyone uses this and wants to comment, I'd appreciate it.) >> >> -- >> Martin Michlmayr >> https://www.cyrius.com/ >> > -- > > --- > You received this message because you are subscribed to the Google Groups > "Ledger" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/ledger-cli/cf24589d-6e0a-4289-a1a4-c140ea60f12dn%40googlegroups.com > <https://groups.google.com/d/msgid/ledger-cli/cf24589d-6e0a-4289-a1a4-c140ea60f12dn%40googlegroups.com?utm_medium=email&utm_source=footer> > . > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/ledger-cli/CAOi8OUKWRZvaQ16urs91dp2ypzA3PZ5C3iHyJMFs%2BMRRc6ZhZg%40mail.gmail.com.
