Currency Transfer gone amuck

Bob Furber burnsmicro at gmail.com
Tue Jun 12 17:07:12 EDT 2012


I have run into a problem on my first entry: $10000 US as an opening 
balance in TD-Bank-US in a file set up in $CAD.

When I enter the $10,000 US, a Transfer window pops up. I enter an 
exchange rate of 1 USD = 0.94 CAD and click OK.

All of a sudden, I see the following changes:

Assets/Current Assets: $0.00 -> $1,000,000.00
Assets/Current Assets/TD-Bank-US: $10,000.00 USD
Equity: $0.00 -> $9,400.00
Trading/Currency: $0.00 -> -$1990,600.00

Not what I had expected, nor does it make any sense to me.

Can anyone explain what happened?





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