Display different currency in one base currency
Posted: Thu Sep 17, 2020 1:40 pm
Hi,
I feel like I'm missing something or not understanding something about the currency feature.
I understand that you can set a specific currency for each account and mmex can download conversion rates and that's all good. But I don't understand the point of that?
For example, I set up a stock portfolio, added a new stock investment, added shares to that company and set the account to the actual currency that I used to purchase them (USD). My base currency is set to CAD, but it seems like the only thing that setting the currency does is add "USD" in front of the Account Bal, Reconciled Bal, and Diff at the top of the Account view.
I've looked and looked for options that I assume should exist where mmex will convert the currency in some view to my base currency so that I'm looking at a total value in my currency, but I can't find any options to change the view.
I figured mmex would use the downloaded currency conversion rates so that it would convert the grand total in the stock portfolio view to show in my base currency. if it doesn't do that then I totally don't understand the point of downloading the currency conversion rates into mmex, what do those numbers do?
thanks,
Adam
I feel like I'm missing something or not understanding something about the currency feature.
I understand that you can set a specific currency for each account and mmex can download conversion rates and that's all good. But I don't understand the point of that?
For example, I set up a stock portfolio, added a new stock investment, added shares to that company and set the account to the actual currency that I used to purchase them (USD). My base currency is set to CAD, but it seems like the only thing that setting the currency does is add "USD" in front of the Account Bal, Reconciled Bal, and Diff at the top of the Account view.
I've looked and looked for options that I assume should exist where mmex will convert the currency in some view to my base currency so that I'm looking at a total value in my currency, but I can't find any options to change the view.
I figured mmex would use the downloaded currency conversion rates so that it would convert the grand total in the stock portfolio view to show in my base currency. if it doesn't do that then I totally don't understand the point of downloading the currency conversion rates into mmex, what do those numbers do?
thanks,
Adam