Re: Could SQL-ledger ever support multiple currencies within a company?

[Federico S. I. <ji...@le...>]

On Thu, 23 Aug 2001 at 10:04, Jeff Kowalczyk wrote:
> This is a complicated issue, I don't know whether standard practice
> for an international company with remote offices is to convert
> everything to the local currency for each transaction, or to have
> exchange-rate transactions to get things back to the home currency at
> certain points of the fiscal year, or during advantageous exchange
> rates.

I just thought I'd raise a concern here. I'm from the Philippines and
here, believe me, the foreign exchange rates are more volatile than the
rise and fall of the tides. That would be something quite difficult to
deal with, although I don't think first world countries experience such
volatility.

 --> Jijo

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Federico Sevilla III  :: ji...@le...
Network Administrator :: The Leather Collection, Inc.
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