Re: PayPal and multiple currencies

[Lyle <..hidden..>]

I think the only way to do it would be to allow account to be set to a 
certain currency. So that I'd have a PayPal GBP and a PayPal USD (which 
is effectively the way PayPal has it). So if the transaction is not in 
my base currency, but I select a bank account that is in the same 
currency, no conversion is done. Then later if I transfer from my USD to 
my GBP in PayPal, I can just have a transaction for that in ledger and 
input the exchange rate that PayPal gave me at the time.

The only complication I can see beyond this is that sometimes I'll 
purchase something and PayPal will use funds from both my USD and GBP 
balance... But that said, I *think* the currency bank account solution 
above would account for this.


Lyle

On 10/09/2011 23:12, ario wrote:
> 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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