Foreign currency account not balancing

Derek Atkins warlord at MIT.EDU
Mon Nov 15 12:25:32 EST 2004


Floyd Hagen <flohagen at montanadsl.net> writes:

> I'm using 1.8.8.  I think I was prompted for an exchange rate when I set
> up the starting balance, but I can't be sure. I may have just entered it
> myself.  The exchange rate is listed in the Price Editor, but it looks
> like it's only being used for the Equity:Starting Balance account.

The price editor is irrelevant.  You need to enter an exchange rate
for every transaction.  If that is not happening then the transaction
data is incorrect, which is the root cause of this issue.  I.e., your
transactions are not being entered properly into your CoA.

-derek

-- 
       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


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