I'm using KMyMoney version 4.7.2. Base currency is set at Canadian $. Fifteen accounts are set up and configured to use Canadian Currency - 1 chequering, 2 savings, 3 brokerage, 3 investment, 2 loans with the remainder being credit card accounts. Within the same file, two accounts are set up and configured to us US currency - 1 chequering and 1 credit card account.

When funds are transfered from any of the Canadian based accounts to any of the US based accounts a Currency Exchange Window presents itself. The same holds true if funds are transferred from any of the US accounts to any of the Canadian accounts. I understand why and expect the Currency Exchange Window to present itself under these conditions. If a transaction is made directly into or between any of the Canadian based accounts, the Currency Exchange Window never presents itself. Understandable behaviour. If a transaction (In US Funds) is made directly into one of the US accounts or between the two US based accounts then the Currency Exchange Window once again presents itself.

Here are two examples of what I mean; 1) if a $US 50 transaction is entered into the US based Credit account then the Currency Exchange Window presents itself, 2) If funds are transferred between the two US$ accounts then the Currency Exchange Window presents itself.

Why does the Currency Exchange Window present itself when a transaction into an account or between accounts with the same Currency settings occur? Why doesn't the entry or transfer of funds into or between $US based accounts work in the same way as it does for $CND based accounts? Have I something setup incorrectly?

rblackwell wrote:Have I something setup incorrectly?

I don't think so

The user guide says:
'Whenever a transaction is entered that refers to more than one currency, the exchange rate editor pops up and allows you to enter an exchange rate.'

I suppose KMM takes the transaction into or between foreign currency accounts as 'refers to more than one currency', with the base currency as number one. So you are allowed to modify the exchange rate every time you use a foreign currency.
For me it's not a bug, it's a feature.


izento - faithful user of KMM since 2009

izento wrote:
I suppose KMM takes the transaction into or between foreign currency accounts as 'refers to more than one currency', with the base currency as number one.

For me it's not a bug, it's a feature.

Maybe it is but I'm finding it painful to enter transactions that don't require currency conversion - US funds transacted into a US account..

What do you enter as an exchange rate in the exchange rate converter wen it opens? One seems to be the logical choice which then makes the exchange converter rather redundant.

rblackwell wrote:Maybe it is but I'm finding it painful to enter transactions that don't require currency conversion - US funds transacted into a US account.

You are not forced to modify the exchange rate if the exchange rate editor pops up. Simply select 'Close'.
For sure, if you do many transactions with foreign currency accounts this might be annoying.

rblackwell wrote:What do you enter as an exchange rate in the exchange rate converter wen it opens?

The 'exchange rate' is always the exchange rate between a foreign currency (i.e. US$) and the base currency (i.e. CAN$).
This is also true if you'd transact between different foreign currency accounts.

This does not seem right. I have accounts in both USD and in Euro with the former being my base currency. I never have to enter rates when making transactions between two accounts in Euro. However, a currency is also attached to your categories. You need to duplicate those if you want to use them in accounts with different currencies. For example, you may need separate "Groceries USD" and "Groceries CAD" categories.

zebulon wrote:This does not seem right. I have accounts in both USD and in Euro with the former being my base currency. I never have to enter rates when making transactions between two accounts in Euro. However, a currency is also attached to your categories. You need to duplicate those if you want to use them in accounts with different currencies. For example, you may need separate "Groceries USD" and "Groceries CAD" categories.

BINGO!

That solved the issue. Thank you.