"Buildin" currency exchange

[Derek Atkins]

Hi,

alavarre <alavarre at gmail.com> writes:

> How can I enter a transaction in a foreign currency and have it converted
> automatically to my home currency?
>
> For example, in a USD account (e.g., Visa-USD) enter a GBP amount (e.g. GBP
> 83.22) and have it converted to USD with the current rate recorded in the
> Price Editor?
>
> The price editor correctly updates exchange rates, so I believe I have the
> necessary modules installed, but entering "GBP 83.22" or a host of other
> variants returns and error. I am relatively certain that I remember being
> able to do that in the past, but perhaps I'm disremembering Quicken... :-(
>
> I've spent several hours reading through the documentation without success.
> The closest I find is 
>
> http://code.gnucash.org/docs/guide/currency_purchase1.html
>
> which blows off option one (which I want) and goes on in great detail on
> option two (that I don't want.
> =====
> It says:
>
> 1) Use GnuCash build in currency exchange between accounts when you do your
> transactions. This is mainly used for one time transactions, and nothing
> which happens regularly.
>
> Well, sorry, that is exactly what I want to do.
> =====

What I do is guess..  And then later I look at my account online to get
the actual amount in my local currency.  It's very hard to automate that
process, and even knowing the current exchange rate wont necessarily get
you the exact amount posted to your account.

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-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