Hi Rich.  I am going to attach your prior email to a feature request
if that is OK.

Best Wishes,
Chris Travers

On 1/30/07, Rich Walker <[EMAIL PROTECTED]> wrote:
> 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
> >
> >
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> --
> 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
>
>
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