Currency conversion is driving me crazy!

General Discussions and Announcements

Currency conversion is driving me crazy!

Postby 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?
Revett
 
Posts: 2
Joined: Wed Dec 16, 2009 1:25 pm

Re: Currency conversion is driving me crazy!

Postby mthadm » Wed Dec 16, 2009 3:21 pm

We will add an option to calculate either final amount (as it done today) or the exchange rate. We will put it right on the dialog so it will be convenient to pick one or the other

This will go into the next build, 2.0.50

Thanks,
---
MTH Software

Reminder: MTH Software employees will never ask for the username and password for any of your banking or credit card accounts.
Please do not provide this information when using our contact form.

My Money download page: http://www.mthbuilt.com/download.html
My Money manual: http://wiki.mthbuilt.com/My_Money_2.0_Manual
User avatar
mthadm
Site Admin
 
Posts: 1056
Joined: Mon May 05, 2008 12:58 am


Return to General Discussions and Announcements

Who is online

Users browsing this forum: No registered users and 82 guests

cron