[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Changing the default currency
- Subject: Re: Changing the default currency
- From: John Bell <..hidden..>
- Date: Sat, 25 Apr 2009 10:41:49 +0300
Maanus Kask wrote:
I wouldn't want to blank the database and start afresh with the Euro as
this would destroy all my stock pricing and purchase histories etc.
On Sat, 25 Apr 2009 09:51:49 +0300
John Bell <..hidden..> wrote:
b) Start off in EEK and switch when the national currency changes
I am doing my books in EEK. Anyway all tax reports are to be done in
EEK also. At switching to Euro I will close books and start with new
database with EUR. So I will enter only starting balance to the books
with EUR. I do hope it will happen at some year change not in the middle
of the year.
Or is there any better ideas?
Book keeping in EUR and reporting in EEK isn't a problem unless the
currency is devalued. I may start LSMB in EUR to manage my stock records
and keep the financial reporting on the existing system until the