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Set default currency for investments on per Portfolio basis

Comments, critical feedback, praise, or suggestions for new features.

Postby Ricardo » Wed Jul 15, 2009 2:00 pm

I live (and pay my tax) in New Zealand, so my default currency is $NZ.
I have trading accounts in Australia and the US, so have portfolios for these set up in FM. When I use Transaction Retrieve (or QFX import) for an investment not already in FM, the currency for my new investment is always the default currency. This results in the amount debited from the cash account being wrong by the exchange rate factor.
The workaround is to change the currency of any "new" investment to that applying for the portfolio, delete the transaction entry and the corresponding cash account entry, and reload the transaction.
If there was a default currency setting for each portfolio it would get around this.
Ricardo
 
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Joined: Tue Jan 27, 2009 6:49 pm

Postby Mark » Thu Jul 16, 2009 10:29 am

Hi Ricardo,

Thanks, this makes a lot of sense. We could either allow you to specify the default currency for each sub-portfolio, or maybe we could automatically figure this out if all of your other investments in that sub-portfolio were the same currency. We'll see about getting one of these methods added.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
Site Admin
 
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Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ

Postby Ricardo » Thu Jul 16, 2009 1:37 pm

Thanks Mark
That would be brilliant.
Ricardo
 
Posts: 12
Joined: Tue Jan 27, 2009 6:49 pm


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