Currency Transfer gone amuck

[whwtan]

Yeah, I have the same type of numbers when using the trading account.

That was why I had an earlier email asking about how to use foreign 
currency using trading accounts.
Am I missing something fiendishly simple somewhere?

William

On 13/06/2012 5:34 AM, David Carlson wrote:
> On 6/12/2012 4:07 PM, Bob Furber wrote:
>> 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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> Same as before, please provide some background information.
>
> David C
>
>
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