EURO-Stock and DM-Account / VAT

Christian Stimming stimming@tuhh.de
Fri, 20 Apr 2001 10:51:12 -0700


-----BEGIN PGP SIGNED MESSAGE-----

On Friday 20 April 2001 03:31, Klaus Ridder wrote:
> 1.) EURO-Stock and DM-Account:
> I have a mutual fund ("Wertpapierdepot") in EURO, and an Account in DM.
> (This is still standard in Germany). When I now want to buy shares, I
> cannot book this to my DM-Account. Is there any solution?

Other developers please correct me, but that's what I know: 

At the moment EURO and DEM are considered as totally different currencies, 
at least when you try to transfer money. The current way of transferring 
money would be to have another currency account which "exchanges" the 
money between DEM and EURO. However, those two currencies have a fixed 
exchange rate which is not appropriately represented right now. Where 
should we start changing? Add currency accounts with a fixed exchange 
rate? Exchange EURO currencies on-the-fly?

Or should we just say "You won't have that problem (fixed exchange rates) 
anymore after Jan 1st, 2002, so we just ignore it for the remaining 8 
months of 2001?"

Christian
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.0.4 (GNU/Linux)

iQCVAwUBOuB3EGXAi+BfhivFAQHvawQApdOJQgoaQ372J0Ar3bb5MeEdUeHyush6
HAA4oeuaty0AYXc8wXyBJv4g4bCnqDg0A6VGYHroy72sMGdv9o8jtBPu6HiN9Plb
0S4M3MRsaojBHOVMS9Ni0J2iKY7kGTEnwNyND+JjxDczJN0taVSFGod+uwTtxZjG
7UfwOMlO6Yk=
=7I7P
-----END PGP SIGNATURE-----