question about opening account balance

[Matt Funk]

Hi Derek,
no it's not (opening balances in US Dollar, other account in Euro).
Though i do have other accounts in US dollar.
What is the strategy for dealing with this situation? Do i create
another Opening Balances account with the matching currency?

thanks
matt

On 1/17/2013 10:27 PM, Derek Atkins wrote:
> Hi,
>
> On Thu, January 17, 2013 4:03 pm, Matt Funk wrote:
>> Hi,
>> i downloaded transactions from my bank account. I do need to change the
>> opening balance on this account.
>> So i tried to enter a new transaction in Equity:Opening Balances account
>> and under Transfer I have the particular bank account listed. I also
>> enter a non-zero amount in the "Increase column".
>> When i open the bank account for which i just entered the opening
>> balance, i see the transaction listed, however, the balance amount is
>> zero.
>>
>> What am i missing? To me it looks like something is not synced between
>> the Equity:Opening Balances and the bank account, but i could be wrong
>> of course.
> Is the Bank Account in the same currency as the Equity account?
>
>> thanks
>> matt
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
> -derek