Currency Issues

[John Ralls]

On Sep 15, 2014, at 12:15 PM, Les <lelliott5 at gmail.com> wrote:

> On 09/15/2014 01:00 PM, John Ralls wrote:
>> On Sep 15, 2014, at 10:04 AM, Les <lelliott5 at gmail.com> wrote:
>> 
>>> Several days ago, I wrote to this list concerning problems regarding
>>> exchange rates. (copy of email below).
>>> 
>>> In that email, I used terms such as folders and I should have used
>>> accounts and sub-accounts.  But the facts are still the same. 
>>> 
>>> Could someone please assist in solving this problem?
>>> 
>>> Thanks,
>>> Les
>>> 
>>> I have a bank with multiple currencies.  The primary currency for this
>>> bank is HKD.  Within this account I have a folder "saving" and type is
>>> cash.  Under "saving" is a folder "currency" with type cash and contains
>>> several other folders: CNY, HKD, etc
>>> 
>>> Everything works fine except CNY does not roll up properly (it does not
>>> maintain an exchange rate for CNY:HKD).  Is there a way to solve this? 
>>> Using LMDE v 1403 and GC 2.4.13.
>> By “does not roll up properly”, do you mean that the amount shown in the Currency Total sums all of the values of the sub-accounts except CNY, or that it assumes a 1:1 exchange rate for CNY->HKD?
>> 
>> Are you retrieving prices online, and do you have any prices in the Price database for CNY->HKD?
>> 
>> Regards,
>> John Ralls
>> 
> I mean that the CNY:HKD does not work properly.  It appears that
> exchange rate between these two currencies is 1:1.
> I am retrieving prices online daily (week days).  I am receiving prices
> for 8 currencies (including CNY and Hkd).

Open Tools>Price Editor and in the list-box reveal CURRENCY and CNY. Make sure that those quotes are in HKD.

If they’re not, I don’t know how to fix it. I just suspect that it might explain your problem.

Regards,
John Ralls