understanding currency exchange...

[Joshua Chambers]

And finally, after much confusion, I seem to get it.  It's working fine,
with trading accounts turned off.  I was indeed just missing something.
 Thanks so much everyone!  :)

On 11/13/2015 08:49 PM, Mike Alexander wrote:
> --On November 11, 2015 at 5:12:38 PM -0800 John Ralls
> <jralls at ceridwen.us> wrote:
> 
>> Multi-currency split view can be confusing. In split view in a
>> currency account, the amounts shown in the register are in the open
>> account’s currency — in the case of your
>> Assets:Exchanges:Benjamin Brewer account, USD, so you should enter
>> 500 in both, then set the rate to 9/10 in the transfer dialog, click
>> OK, and complete the transaction. Switch to the Euro account and the
>> transaction will show as being for €450.  Analogous views for a
>> bogus ATM withdrawal: Checking is USD, Cash—Euro is what it says.
> 
> This is correct if Trading Accounts are turned off, but not if they are
> being used.
> 
>                Mike
> 
> 
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