Actually it is a lot easier if you make a "balance election"; you don't have to 
bring currency gains and losses to account. But I agree that it's a pain with 
PayPal. I did the financials a couple of weeks ago - it's the only time I've 
regretted moving from Excel to Numbers.


On 24/05/2010, at 5:46 PM, Rob Keniger wrote:

> If you keep a foreign currency as the base currency for your PayPal account, 
> you are responsible for tracking changes in the exchange rate from the moment 
> the money hits your PayPal account to the time it is converted into $AUD in 
> your actual bank account. This has to be done per-transaction



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