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REcording transaction in different currencies

General questions about using Fund Manager that do not fit into any other forum.

Postby mkappa74 » Fri Feb 17, 2012 7:27 am

I'm currently using FM recording transaction related to $ investment while my default currencies is €.
I always got the problem with commission: even if I buy a $ investment, I pay commission in €.
FM translate commission from € to $ as it does with investment.
The only solution is to convert commission to $ ... or not?
thanks.
mkappa74
 
Posts: 29
Joined: Sun May 11, 2008 7:03 am

Postby Mark » Fri Feb 17, 2012 8:44 am

Hi mkappa74,

If your investment is being traded in $, then all prices/transactions for that investment must be recorded in $. I think the best solution is the one you mentioned, where you convert the € commission into $ and record it that way as part of the transaction.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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