On 8/1/07, Ed W <[EMAIL PROTECTED]> wrote:
>
>
> > When you have this written up, I'd be glad to see it, because it doesn't
> seem
> > like the way I've been dealing with this is quite correct (using the
> same
> > exchange rate that was used on the invoice for the payment / even
> thought
> > that was not reality).
> >
>
>
> The account'sie way to handle FX is to have a single rate per day and do
> all invoices at that rate. Any transactions which are done at a
> different rate get the difference chucked into an FX gain/loss account.
The system still needs a lot of work, for example, to allow for correction
of incorrect exchange rates.
Best Wishes,
Chris Travers
-------------------------------------------------------------------------
This SF.net email is sponsored by: Splunk Inc.
Still grepping through log files to find problems? Stop.
Now Search log events and configuration files using AJAX and a browser.
Download your FREE copy of Splunk now >> http://get.splunk.com/
_______________________________________________
Ledger-smb-users mailing list
[email protected]
https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
