HI Marc
i Have one portfolio multicurrency with cash and stocks in different currencies. In properties I have not selected any Default Cash Account as the flow from/to cash depend on the currency.
I have no problem in updating cash in/out manually when I buy.sell security, but I have issues in how to input a quick FX trade (example EUR/USD)
ex sell 10,000 Eur on 7 Sept @ 1.1990---> buy 11,990 usd
buy 10,000 EUR on 12 Sept @ 1.1950 --> sell 11,950 usd
I normally tick " Specify Exchange Rate to Default" with the spot price I traded.
IS this the right way? I often get wrong balances vs my cash statement from the bank.
Does the system then record the P&L profit in this way?
Thanks
Andrea