Re: Multiple currency setup and unbalanced general ledger transactions

[Nigel Titley <..hidden..>]

Folks,

If anybody has any idea of what I can do to fix these unbalanced
transactions and also why they should have been entered. How do I report
bugs in LedgerSMB?

Thanks again.

Nigel

Nigel Titley wrote:
> My accounts are mostly done in GBP but I have recently set up a EUR
> account so that my European customers can be invoiced and pay in Euros.
> The invoicing works fine but I've just received the first payment in
> Euros. I set up a new account in LedgerSMB but can't find any means of
> specifying its currency.
> 
> When I tried to apply the payments (from invoices in Euros) to the Euro
> account, it wanted an exchange rate, so I told it to use "1". Now my
> trial balance is out of balance and it seems to have entered unbalanced
> transactions in the General ledger.
> 
> I have four questions:
> 
> 1. How should I have set up the Euro account?
> 2. How do I make payments into it?
> 3. How did LSMB manage to generate unbalanced transactions
> 4. What do I do to recover from this?
> 
> Any help would be very gratefully received.
> 
> Nigel