tag:infinitekind.tenderapp.com,2009-01-14:/discussions/iphone-ipod-touch-ipad-android-app-questions/81-converting-currencies-when-exchanging-money-on-vacationInfinite Kind: Discussion 2015-03-31T16:06:28Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/24202422010-08-05T01:22:32Z2010-08-05T01:22:32ZConverting Currencies when Exchanging Money on Vacation<div><p>This is the same point that I raised. Important for holiday makers as well as people who have accounts in more than one country.</p></div>hezzertag:infinitekind.tenderapp.com,2009-01-14:Comment/24202422010-08-13T21:29:09Z2010-08-13T21:29:09ZConverting Currencies when Exchanging Money on Vacation<div><p>We recognize this is an issue and are working on the problem. I'm sorry this issue is occurring (I'm leaving for an extended trip abroad myself in a few weeks) and our developer is working hard to get the fix released.</p>
<p>Please let me know if I can be of further assistance,</p>
<p>Angie Rauscher<br />
Moneydance Support</p></div>Angie Rauschertag:infinitekind.tenderapp.com,2009-01-14:Comment/24202422010-08-25T11:52:45Z2010-08-25T11:52:46ZConverting Currencies when Exchanging Money on Vacation<div><p>This is what I suggest you could do, but you need take step one before departing (unless you have your computer with you). On the desktop application create a cash account (under Bank) for Rupees (selecting the currency during the set-up process). While abroad, enter the amount of Rupees you've purchased so you have a starting balance. You then enter your cash expenses as you go.</p>
<p>On returning home synchronise the iPhone app and you'll find the Rupee account is correct but any contra entries(mostly expenses) are shown unconverted. Example: Spend and enter 100 Rupees and you will see the expense shown in your base currency as $100 or whatever.</p>
<p>To correct this, select the two-line mode on the desktop Rupee account and simply retype the category in every case. You will see that the conversion factor pops up and the transaction saves correctly. This also applies to your original balance. Say you bought 20,000 Rupees, your base current bank account will be debited with $20,000 (or your local currency) rather than the converted amount. Overtyping the category name of your bank account will force the conversion and everything will balance, including your bank account after you've adjusted the amount to agree with your statement.</p>
<p>When you next sync with the iPhone app you'll find everything is in order.</p>
<p>This is a bit of a kludge but it works.</p>
<p>Michael Evans<br />
<a href="http://www.macfilos.com">www.macfilos.com</a></p></div>Michael Evans