Ed W <[EMAIL PROTECTED]> writes: >> If you're looking at the currency code, can you fix my pet bugbear: >> >> * the exchange rate applies to all transactions in that currency that >> day, and the only way to change it is to remove _all_ transactions >> in that currency and repost them. >> > > > > Although it might simplify things a tad in the obvious cases, I'm not > actually sure that this is the way an accountant would do it. > > Seems that common practice is to stick the invoice in at a given rate at > the point it's effective, then enter in the payment as that's done, then > use an FX gain/loss to record the difference
SL already does this, which is what you'd expect: you get a slew of transfers for foreign currency stuff between various accounts, but that bit Just Works. > > In SL's case I'm slowly figuring out what is happening, and it > additionally has a curious way to handle currency conversion in that you > appear to have to make £100 GBP = $100 (!). The foreign transaction is > in two parts where you do something like $100 = £55 + £44, and the £44 > bit gets a tick box against it to show that it's an FX fudge. This way > the units sum to 100 on each side, and yet the $100 also = £55. > > > ....Clear as mud? > > I know see the theory, but I still haven't quite figured out how SL > wants me to put in the transactions to make it work though... Not > getting a lot of help on the SL list though... It's pretty horrible... cheers, Rich. > > Regards > > Ed W > > > ------------------------------------------------------------------------- > Take Surveys. Earn Cash. Influence the Future of IT > Join SourceForge.net's Techsay panel and you'll get the chance to share your > opinions on IT & business topics through brief surveys - and earn cash > http://www.techsay.com/default.php?page=join.php&p=sourceforge&CID=DEVDEV -- rich walker | Shadow Robot Company | [EMAIL PROTECTED] technical director 251 Liverpool Road | need a Hand? London N1 1LX | +UK 20 7700 2487 www.shadowrobot.com/hand/overview.shtml ------------------------------------------------------------------------- Take Surveys. Earn Cash. Influence the Future of IT Join SourceForge.net's Techsay panel and you'll get the chance to share your opinions on IT & business topics through brief surveys - and earn cash http://www.techsay.com/default.php?page=join.php&p=sourceforge&CID=DEVDEV _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
