understanding currency exchange...

John Ralls jralls at ceridwen.us
Sat Nov 14 10:22:53 EST 2015


> On Nov 13, 2015, at 8:49 PM, Mike Alexander <mta at umich.edu> wrote:
> 
> --On November 11, 2015 at 5:12:38 PM -0800 John Ralls <jralls at ceridwen.us> wrote:
> 
>> Multi-currency split view can be confusing. In split view in a
>> currency account, the amounts shown in the register are in the open
>> account’s currency — in the case of your
>> Assets:Exchanges:Benjamin Brewer account, USD, so you should enter
>> 500 in both, then set the rate to 9/10 in the transfer dialog, click
>> OK, and complete the transaction. Switch to the Euro account and the
>> transaction will show as being for €450.  Analogous views for a
>> bogus ATM withdrawal: Checking is USD, Cash—Euro is what it says.
> 
> This is correct if Trading Accounts are turned off, but not if they are being used.

We need to fix that so that it’s consistent. How?

Regards,
John Ralls


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