I am living outside the U.S. and my accounts are set up roughly as follows: All of my bank accounts are in U.S. dollars, but when I need money in the local currency, I change some of my dollars into local currency CASH. So I set up a cash account in MW, set it to the correct currency and began entering transactions.
Here is my question: Let's say I exchange 100 dollars into the local currency at a rate of 1000 to US$1. My accounts list now shows the local currency cash account with 100,000 in local currency. I begin spending this money and assigning the transactions to my buckets. If I make a purchase for 10,000 in local currency, the corresponding bucket correctly goes down US$10. I keep spending until about US$90 of what I exchanged has been spent. I decide that I need more cash, so I exchange another $110 and discover that the exchange rate has increased to 1200 to US$1. I change the exchange rate in the "edit" menu, "set exchange rates" item to be at the new rate of 1200. Now... I still have 10,000 in local currency left from the first trade, but my exchange rate is now 1200. My question is... will MW know that my next purchase for $10,000 (which will use up the first US $100) should be at the rate of 1000 to 1? Or will it make ALL transactions from that point on at the new rate of 1200 to 1? B --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
