Editing Book Keeping Task/Consolidated currency exchange
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In that case, we'll want to have 2 separate payments, one for each class. But the exchange will either be CAD$1.12 or CAD$1.13 each, giving a rounding error. | In that case, we'll want to have 2 separate payments, one for each class. But the exchange will either be CAD$1.12 or CAD$1.13 each, giving a rounding error. | ||
- | + | The solution is the similar to consolidating bills. We charge both payments to "ATB Mastercard US$ Consolidation". | |
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- | We | + | We then transfer from '''one''' of the fund subaccounts of the Canadian Mastercard. |
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- | + | Finally we transfer from '''the other''' fund subaccount, the prorated portion of the exchange amount. | |
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+ | (Again we've been forced to work around the limits of QuickBooks. If QuickBooks had the ability to specify different classes on splits, this could be done as one transaction.) | ||
If the payment instead was a consolidation of two or more months, then we would use subaccounts of "ATB Mastercard US$ Consolidation", | If the payment instead was a consolidation of two or more months, then we would use subaccounts of "ATB Mastercard US$ Consolidation", |