doubt regarding multi-currency

[Derek Atkins]

GnuCash handles this just fine.  Just enter in a transaction
(from the bank register, not the GL) and gnucash will pop
up the exchange-rate dialog.  You just need to enter in the
exchange rate (or exchanged amount) and gnucash does the rest.

-derek

PS: This question should've been on the gnucash-user list.
This is not a question about gnucash development.

siva balan <siva_btech at yahoo.co.in> writes:

> Hello ,
>
>    This is siva. I have got a doubt on ur product. it
> is as follows, how do u transfer funds between
> accounts with different currency. consider the
> following scenario,
>
>   the default currency is set as US dollars.then i
> have my account hirarchy as follows indicated with the
> currency they deal.
>
> -Assets                          (USD)
>    -Banks                        (USD)
>       -US Bank                 (USD)
>       -European Bank        (EUR)
>       _Bank xyz              (GBP)
> -Equity                          (USD)
>    -Starting Balances USD (USD)
>    -Starting Balances EUR (EUR)
>    -Starting Balances GBP (GBP)
>
>    Here in the above accounts i have certain amount in
> them. Now i want to transfer  50 GBP from the Bank xyz
> account to the european Bank (EUR) acount. here the
> three currencies are playing.
> can u please clarify this doubt as soon as possible.
> I have set a exchange rate for all currency against
> the default currency.So in this case how could i
> manage? should i convert the GBP to USD, then again
> USD to EUR and post it to the account. It seems
> tedious, is there any other way to solve this problem
>
> Please give me a solution as possible,Can u also send
> me some sample posting rules
>
>
> regards,
> m.$iva

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available