Re: [SL] Cross currency invoice entry

[Ed W <li...@wi...>]

> I can think of a simple solution: CASH is a physical box with money.
> If you also have a USD cash box (or a couple of bucks lying around in 
> the POUND cashbox) you should probably use a separate cash account per 
> currency.
> In short: The cash ledger you are using for the payment is not the right 
> one.
>   

Actually although I didnt say so in my email, I deliberately created a 
new ledger called something like "USD Payment Settlements" before I 
started.  The point of this was so that I could more easily see what 
would happen once I hit the pay button as much as to have a seperate account

However, I don't see any options to say that the cash account is in a 
particular currency?  It seems to just convert the payment into local 
currency without asking?  Am I missing an option?

In fact what happens is that I do exactly as you say and purchase USD 
from a bank who wire it to my payee and I in turn wire them sterling.

Grateful for more insight on *how* to actually enter these transactions 
please

Cheers

Ed W