when withdrawing at a foreign location, most of the time you get charged a fee. So, for example, your bank is in PHP, then when you're in Japan, you withdraw in JPY.
Here are the facts: 1. You receive JPY10,000.00 2. ATM charges JPY110.00 3. Your local bank shows a withdrawal of PHP4282.49 4. At the time of this transaction the exchange rate was: JPY1 = PHP0.3928 or PHP1 = JPY2.5456 in GNUCASH, the splits I have are: Account Deposit Withdrawal JPYCash JPY10000 0 Fee PHP PHP43.21 0 Imbalance PHP PHP311.28 0 Trading:CURRENCY:PHP PHP3928 0 Local Bank PHP 0 PHP4282.49 Trading:CURRENCY:JPY 0 JPY10000 Questions: 1. What is the easiest way to do this? I find this one transaction to be of so many steps. Perhaps there's a way that I don't know of? 2. Is there an easier way to specify the 110JPY fee if my base currency is PHP? I had to manually convert it using the date's exchange rate to come up with the equivalent PHP43.21. 3. The imbalance-PHP was automatically calculated by GNUCASH. Is this considered to be my loss from the difference between the bank's exchange rates and the one I used which I got from https://www.exchange-rates.org/exchange-rate-history/jpy-php? Thanks gio _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
