Question about managing accounts.

[Amit Rana]

Hello Wouter,
 Thanks for the response. I am doing that now, receive full eg 1000$
in my dummy $ transfer account and then transfer 950$ with conversion
to my Rs bank account and transfer 5$ to expense account.

Thanks.
Amit.

On 6/7/06, Wouter van Marle <wouter at squirrel-systems.com> wrote:
> On Wed, 2006-06-07 at 13:57 +0530, Amit Rana wrote:
> >  Shall I create a dummy dollar bank account in assets and then
> > transfer it to by actual bank account?
>
> That's the way to do it indeed.
> Process payment of $ invoice to $ bank account, then add an extra
> transaction converting the $ to the Rs, where of course you can also add
> any bank charges related to the transaction.
>
> Wouter.
>
>