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Re: PayPal and multiple currencies

Good question, I have the same problem and every time look up the
current exchange (xe.com) ratio and put that in the field that asks for
a value. Would be better indeed if there were a choice for immediate
conversion or at reporting time only, if any.


On Sat, 2011-09-10 at 15:40 +0100, Lyle wrote:
> Hi All,
>    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?
> Lyle
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