Chris Travers wrote:
> I have been thinking about this and I am not sure how far you have gotten.
>
> You can define up to three currencies for use in LedgerSMB 1.1 (no
> limit in 1.2).  When you enter an invoice you will have the option to
> add or change the foreign exchange rate.  this will automatically post
> to the fx accounts.
>   

I guess it would be useful to understand the expected transactions in 
standard SL terms (or even Sage terms...)

I guess the transactions will be something like:

- Post transaction at $x, translated into £y at Time=1

- Pay the invoice at T=2 when the rate has say doubled.  Now the payment 
will consist of a movement of the original $X to pay the invoice + 
another $x which moves into the currency control account

- The 2x $x have to have come from somewhere so we have to pay our 
currency exchange (bank).  Invoice?


I guess I'm kind of lost by this point and not really sure how to 
proceed.  The live system is still running SL (not LMB) to be fair...

Ed W

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