[GNC] Posting sales in multiple currencies (2.6.21)

[Adrien Monteleone]

Good point, I didn’t think of that. And as Geert described, GC is designed to use separate A/R (and presumably A/P) for each currency and likely for that very reason among others.

Regards,
Adrien

> On Jun 2, 2018, at 11:40 PM, Matthew Pounsett <matt at conundrum.com> wrote:
> 
> 
> On Sat, Jun 2, 2018 at 00:14 Adrien Monteleone <adrien.monteleone at lusfiber.net> wrote:
> Just out of curiosity, can you not post a CAD invoice to an A/R account that is set for USD?
> 
> I would have thought that GnuCash would have done the conversions for you.
> 
> I don’t think you would actually want to do this. The delay between posting the invoice and receiving a payment leaves a huge potoetmtial for discrepancy between any conversion done at post time and the conversion done at the time of deposit. 
> 
> I have several A/R accounts now, but wires from my clients all go into an account in my home currency.. so when I do the payment I just enter the conversion rate that my bank gave me at deposit time and it all balances out without having to go back and correct anything after the fact.  
> 
> 
> 
> Thankfully, I don’t have that problem (yet) but my first inclination would be to do just that: maintain MY A/R account in my home currency but invoice customers in their home currency. I don’t see why it would be any different than any other transaction posted into an account with a different currency default. Perhaps I’m misunderstanding something.
> 
> But if you can do as I suppose, you could eliminate the complication of extra accounts and the placeholder issue and just use the A/R account as normal. (save for the conversions done for foreign billing and the conversion on several reports)
> 
> Regards,
> Adrien
> 
> > On Jun 1, 2018, at 8:39 AM, Matthew Pounsett <matt at conundrum.com> wrote:
> > 
> > A short aside.. I think there may still be a bug here.
> > 
> > Even though Assets:Accounts Receivable is set to Placeholder, it gets
> > offered as a choice for posting to when I'm posting an invoice... only when
> > I try to post to it I get an error that I'm trying to post to a placeholder
> > account.  It should probably be excluded from the list of choices.
> > 
> > I'll add that to the bugtracker.
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