[GNC] Multi-currency split
Fred Tydeman
tydeman.fred at gmail.com
Mon Nov 25 14:22:32 EST 2024
Is there a way to do that without knowing the USD cost of the groc.?
If so, in which account should the transaction be made?
I had already done it as two transactions before I asked this question.
Doing it that way, the USD groc. cost is 40.13 (not your 36.16).
The official USD to XCD conversion rate is 2.7
The credit card is using 2.688
On Mon, Nov 25, 2024 at 2:25 PM Murugan Mariappan <
m.muruganandam at hotmail.com> wrote:
> The entries will look like
>
> Dr Expenses: Groceries USD 36.16
> Cr Liab: Credit Card USD 33.49
> Cr Cash: XCD Cash XCD 18.3 (USD 2.67)
>
> i have assumed the same exchange rate as credit card.
>
>
>
>
> Saludos Cordiales
>
>
> Murugan
> ------------------------------
> *From:* gnucash-user <gnucash-user-bounces+m.muruganandam=
> hotmail.com at gnucash.org> on behalf of Fred Tydeman <tydeman.fred at gmail.com
> >
> *Sent:* 25 November 2024 15:05
> *To:* Gnucash Users <gnucash-user at gnucash.org>
> *Subject:* [GNC] Multi-currency split
>
> My home currency is USD
> I have an expense account for groc. in USD
> I have a cash account for XCD
> I have a liability credit card account in USD
> I buy some groc. in Antigua
> I pay with 18.30 XCD (local currency)
> and 90.02 XCD via credit card that shows as USD 33.49
>
> I could record this as two transactions:
> USD 33.49 -> 90.02 XCD; credit card to cash
> 108.32 XCD -> ??? USD; cash to groc expense
> How would I record this as one transaction with splits?
> And, in which account should I do this?
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