Changeset - b0fc4490c0c4
[Not reviewed]
0 1 0
Bradley Kuhn (bkuhn) - 8 years ago 2013-11-13 18:19:49
bkuhn@ebb.org
Add some hr's to break up the text a bit.
1 file changed with 4 insertions and 0 deletions:
0 comments (0 inline, 0 general)
UseCases/MultiCurrency.mdwn
Show inline comments
...
 
@@ -63,21 +63,25 @@ occurs.  (Again, Conservancy solves this with Ledger-CLI and
 
### Simplicity In Functional Currency
 

	
 
If an non-profit organization has a single functional currency, then most
 
aspects of the system, such as [[reporting|GeneratingReports]], can (and, in
 
fact, should) be done only in the functional currency.
 

	
 
---
 

	
 
## A "Multi-Native Currency" Organization
 

	
 
Multi-currency support is more complicated if an organization considers more
 
than one currency to be its native currency, which means that
 
[[reports|GeneratingReports]] must handle multiple currency.
 

	
 
FIXME: It would be useful if someone who has run an organization that has
 
more than one functional currency could describe the use cases on this issue.
 

	
 
---
 

	
 
## Choosing an Exchange Rate
 

	
 
Regarding exchange rates,  the
 
[USA IRS has no official policy on exchange rates](http://www.irs.gov/Individuals/International-Taxpayers/Yearly-Average-Currency-Exchange-Rates),
 
stating:
 
> The Internal Revenue Service has no official exchange rate. Generally, it 
0 comments (0 inline, 0 general)