Forum

Ask, reply and learn. Join the community of Akaunting.

New Discussion

Live Currency - does it carry historical data?

Bret Watson   ( User )

Commented 4 years ago

Could someone from Akaunting tell me if the Live Currency app allows for historical data?

use case:-
I register a bill in another currency on day X, I pay it on day Y - my bank reconciliation should be accurate even though I paid in my home currency and it was converted.

OK the conversion might not be 100% accurate since I know payment channels add their bits on, but I'd like it to be able to get most of the way there

Its not clear from the app docs if this simply alters the exchange rates, or provides a mechanism to calculate exchange rates by date

Thanks

Denis Dulici   ( Admin )

Commented 4 years ago

Hello Bret,

Yes, the currency rate of day X is stored in the bills table when you create it.

Regards

Please login or register to leave a response.

Showing 1 to 2 of 2 discussions