[GNC] Multi-currency split
Murugan Mariappan
m.muruganandam at hotmail.com
Wed Nov 27 11:45:33 EST 2024
If you want the expenses to be entered in total in a single transaction, you will need to know the conversion rates for both your credit card usage and as well as cash. the entries will then look like
* Dr Expenses: Groceries (USD): $ 40.27
* Cr Cash: XCD 18.30 (debit amount will be $6.78) you can use the same exchange rate given by the bank while withdrawing from ATM
* Cr Credit Card (USD): $33.49 (as per your statement),
Finally, GNUCash need to know the conversion rates which you have to provide
Saludos Cordiales
Murugan
________________________________
From: Fred Tydeman <tydeman.fred at gmail.com>
Sent: 26 November 2024 22:57
To: Murugan Mariappan <m.muruganandam at hotmail.com>
Cc: Gnucash Users <gnucash-user at gnucash.org>
Subject: Re: [GNC] Multi-currency split
On Tue, Nov 26, 2024 at 7:50 PM Murugan Mariappan <m.muruganandam at hotmail.com<mailto:m.muruganandam at hotmail.com>> wrote:
In the example i sent
Grocery : XCD Account
Petty Cash: XCD Account
Credit Card: USD Account
Is this the same way you have structured it?
No. Grocery and Credit card are both USD.
In your example you state that you are entering XCD 90.2 from credit card what is the counter entry you make in the credit card account?
In the XCD cash account,
I enter 90.02 with credit card as the counter entry.
I enter 108.30 with groceries as the counter entry.
The XCD cash came from an ATM transaction some days ago,
so GnuCash has an exchange rate between USD and XCD.
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