Entering transactions that require a currency conversion

Derek Atkins warlord at MIT.EDU
Mon Jun 10 21:15:30 EDT 2013


culmore <culmore at gmail.com> writes:

> Most of the accounts I am transfering to are "accounts receivable" 
> Is there any restrictions on this functionality.  I don't use the "trading
> accounts" functionality for FX transactions  (maybe I should). I normally am
> transferring from a current account to an "account receivable". Mostly the
> accounts receivable are in GBP and most of the transactions are GBP but
> sometimes say for the MArine insurance the other accounts is in KES, Kenya
> Shillings.

Yes, A/R (and A/P) accounts are not designed for normal input.  Those
account types are designed specifically to be used with the Business
features (Invoices, Payments, etc).  If you're hand-entering
transactions into A/R or A/P you are probably doing something wrong.

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       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

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