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Re: PayPal and multiple currencies
- Subject: Re: PayPal and multiple currencies
- From: ario <..hidden..>
- Date: Sat, 10 Sep 2011 22:12:35 +0000
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.
ario
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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