[SOLVED] Re: How to I record a Credit Card purchase in foreign currency before receiving my bill?

whwtan whwtan at hotmail.com
Thu Apr 4 22:54:19 EDT 2013


Thanks Derek and Colin,

I have been using something like this myself but I somehow managed to 
convince myself I was doing something "wrong" since I wasn't capturing 
my real cost during time of purchase.

William

On 5/4/2013 12:35 AM, Derek Atkins wrote:
> So let's say I  make a USD$100 purchase with my Aussie debit
> card. That's gonna cost me roughtly about AUD$98 with the current
> exchange rate. The web site does not tell me how much I am being
> charged in my local currency.
>
> The way I have always done it has been to wait until my bill comes at
> the end of the month before I am able to enter the cost in my local
> price.
> Is there a way of doing it when I make payment?
[SOLUTION BY DEREK AND COLIN BELOW]
> What I do is put the foreign amount in the Description as a note to
> myself and guess at what the actual value is.  I also mark the
> transaction with "???" so I remember which onces I've fixed.  Then when
> it finally hits my account I correct the amount from either my CC
> Website or from my bill, whichever I see first, and I remove the "???".
>



More information about the gnucash-user mailing list