[prev in list] [next in list] [prev in thread] [next in thread] 

List:       kde-bugs-dist
Subject:    [Bug 282983] multi-currency transactions not anchored to the
From:       Stephane MANKOWSKI <stephane () mankowski ! fr>
Date:       2011-10-01 10:11:59
Message-ID: E1R9wY3-0004PF-MC () bugs ! kde ! org
[Download RAW message or body]

https://bugs.kde.org/show_bug.cgi?id=282983





--- Comment #7 from Stephane MANKOWSKI <stephane mankowski fr>  2011-10-01 10:11:59 ---
(In reply to comment #6)
> I agree, that should not be possible, but my point is different:
> I'll try to explain better. think about this example [€ primary currency, $
> secondary currency, two accounts one in $ and one in €]:
> last month you went on holiday in the US and you spent 100$ (=100€ at the
> exchange rate 1:1).
> Now you want to review your holiday expenses but the exchange rate has changed
> to 2:1
> The program now tells you that in the category Holidays you have expenses for
> 200€ because the exchange rate has changed, but you actually spent only 100€.
> 
> To put it simple you cannot use today's exchange rate to calculate the
> conversions between currencies for transactions that happened in the past with
> a different exchange rate

You are right but only for expenditure.
If you have the 2 following accounts (rate: 1$=1€):
account1 in € with 100€   (€ is your primary account)
account2 in $ with 100$
TOTAL=200€

During your vacation (rate: 1$=1€), you buy something for 10$ (=10€) (in
account2).
So, now your amounts for accounts are:
account1: 100€ (100€)
account2: 90$ (90€)
TOTAL=190€

The rate changes 1$=2€, so the new state is:
account1: 100€ (100€)
account2: 90$ (180€)
TOTAL=280€

So, if we are saying that 190€-10€=280€, this is not easy to understand.
This is why we decide to put all operations in current rate (you can decide in
"operation" to see value as entered).

An other example:
If you buy 100 GOOGLE for 100€.
If today, 1 GOOGLE action = 10€
I think you would like to see that you have 1000€ and not 100€.
For us, this is the same for expenditure.

This is why, we don't want to change this.

You must know that you can apply a correction rate in report if you want.

-- 
Configure bugmail: https://bugs.kde.org/userprefs.cgi?tab=email
------- You are receiving this mail because: -------
You are watching all bug changes.
[prev in list] [next in list] [prev in thread] [next in thread]