Transfer dialog poll
Geert Janssens
janssens-geert at telenet.be
Thu Dec 5 12:21:36 EST 2013
Hi,
I'm looking for some input from users that frequently use the transfer dialog to set exchange
rates/prices on transactions or while posting invoices.
When this dialog pops up, it proposes a best guess for the exchange rate/price based on prices
already found in your price db. This is really only that - a best guess. It's almost certain you will
want to change this, either by fetching a quote online or entering a rate manually you get from
an external source.
This question is purely aimed at this best guess.
Suppose your price db has two price quotes that could serve as a best guess:
- the first is for a conversion in the exact same direction as you are entering now, but the date
is one month off from your current transaction. So this rate may not be very accurate anymore
for your transaction.
- the second is for a conversion in the opposite direction, but only 1 day off from your current
transaction. To serve as a best guess it would of course be inverted before use. This rate may
also be inaccurate because an opposite direction conversion usually has a different value.
Which of these two prices would you prefer as best guess ?
I discussed this also with some developers on irc. The consensus there was that if the opposite
direction price is at least one week closer to the transaction date, the opposite direction price
could be preferred for the best guess.
Would that formula be ok ?
Remember, this is only to determine the best guess, which only serves as a rough indication to
the user for some order of magnitude the price is supposed to be in. It is fully expected that this
price is corrected before the dialog is closed.
Geert
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