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PayPal and multiple currencies
- Subject: PayPal and multiple currencies
- From: Lyle <..hidden..>
- Date: Sat, 10 Sep 2011 15:40:20 +0100
Some of my sales go through PayPal. I sell in both USD and GBP.
PayPal maintains separate balances for both until I withdraw in GBP.
The problem is that sometimes I purchase items for the business from
America and pay in USD from my USD balance. LedgerSMB seems to require
me to convert each transaction to my base currency and doesn't let me
add a USD based bank account. Is that correct? Is it a case of guessing
the GBP conversion in these cases?