Expense accounts should not be single currency
Elizabeth Dodd
edodd at billiau.net
Mon Oct 20 17:14:37 EDT 2008
On Mon, 20 Oct 2008, jgombos wrote:
> Gnucash could fix this, by making the currency type a property of the
> transaction, as opposed to the expense account. Adding one more field to
> expense records would be simpler for the user than tens or hundreds of more
> accounts.
I don't agree.
I'd have to look up the exchange rate for everything I buy off shore on my
credit card every single time. Just that the bank uses a different rate again
which is more favourable to it than to me.
A few accounts in different currencies makes a lot more sense.
I am then imagining how much more the accountant or auditor would charge to
deal with books kept in a manner which don't meet with their standards.
--
That's the thing about people who think they hate computers. What they
really hate is lousy programmers.
- Larry Niven and Jerry Pournelle in "Oath of Fealty"
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