On Tue, Apr 10, 2012 at 1:56 AM, Håvard Sørli <hav...@anix.no> wrote: > On 09. april 2012 22:53, John Locke wrote: >>> I understand where that's coming from. I need to think about a good >>> solution that would suit both you and an auditor to propose to you. >>> Let me sleep on it a bit. >>> >>> Isn't the true problem here though that you can't enter the >>> transaction in a non-local currency? Surely you should be able to >>> reconcile a USD amount against a USD amount. My expectation would be >>> that the USD amount is the same each time the bill comes in. > > (Just reading, have not done tests on this.) > I think the correct accounting with this is to post the Invoice with the > "translated" currency to the books (with the date of the invoice - and > "translated" currency on that date. > > When you pay, you post the payment (on the date of payment, in your > currency, and the difference to an Agio/ Disagio account. > > Could the reconciliation post the diff to an Agio account?
Currently the way we handle things is that the invoice is posted in the "official books" currency with a marker which says which currency it is. Then we convert back for reconciliation. There was a problem in 1.3 for a while but that has been fixed. Note that payment posts again in the translated currency plus it posts gains and losses. Regarding editable invoices, I think we need to think of two things: 1) What information in the invoice should be editable after posting My thinking is that quantities, amounts, etc should *not* be editable after posting. Invoices can be edited when they are unapproved but not when they are approved. I think we should eventually have a workflow that allows you to switch between ECA's for a single entity but not between entities. Also eventually it should be possible to add but not delete notes to invoices. Notes would be marked either customer visible or not. That's a ways away though. Best Wishes, Chris Travers ------------------------------------------------------------------------------ Better than sec? Nothing is better than sec when it comes to monitoring Big Data applications. Try Boundary one-second resolution app monitoring today. Free. http://p.sf.net/sfu/Boundary-dev2dev _______________________________________________ Ledger-smb-users mailing list Ledger-smb-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
