by Revett » Wed Dec 16, 2009 1:37 pm
When I transfer money between two accounts that use different currencies, My Money's pop-up insists that I enter a conversion rate. I don't want to. I just want to enter the original amount (in, say, Canadian dollars) and the amount it converts to (in, say, US dollars). The "official" conversion rate is irrelevant; the only rate that matters is the rate that the bank charges me. I often don't know that but I do know the amounts from and to each account. The way My Money is currently set up, I have to calculate the exchange rate by dividing one number by the other and entering that as the conversion rate, and then letting your pop-up re-calculate the target amount (which I already know!). But even that often gives a target amount that is off by a few cents unless I calculate the conversion rate to umpteen decimal places. Why can't I just enter both numbers? Or am I missing something?