Re: what people would like to see; was (no subject)

Welll Considering how the EU is bickering over budgets,
I expect everyone to be using either weighted silver and
gold or Greenbacks within the decade.

So there won't be any need for this.


Besides, who doesn't accept American Dollars anyway..

Would you rather convert all transactions to Cuban Cigars?

Before you run to sue me over my comments about diffeent
kinds of Monopoly Money, well, actually Parker Brothers
engraves money better than EU coins and bills, but never the 
less, before getting all flush and angry, realize I'm kidding about
everything but the quality of the Euro's engraving.

especially the coins.


On 2002.10.20 20:09 Nicholas Lee wrote:
> On Sun, Oct 20, 2002 at 12:54:33PM -0600, Joseph wrote:
> > > I am in the US so my view may be skewed.
> > > Accounting here is based on the stable currency precept.  
> > > That implies books kept in one currency.
> 
> End of year reporting issues would require profit reports in the tax
> enviroment a business exists in.  However thats doesn't avoid the fact
> tha a business needs pay bills, cost products, recieve monies in other
> currencies.
> 
> Thus a good accounting system needs to be able to generate reports in
> multiple currencies, otherwise its useless.  eg. Consider if you have 20
> different suppliers from 5 different countries and 100+ POs with 150+
> different shipments costed a different exchange rates.   Plus 100+
> customers in 5 other countries.
> 
> Having reports in one currency is going to make your life difficult.
> 
> I think the main hassle though is when it comes to reconciling bank
> accounts.  Usually its hard enough to do this job, its going to be worse
> if you can't do it in the source currency.
> 
> > Someone suggested Compiere:
> > http://www.compiere.org/index.html
> > 
> > I just start to looking at it and it is very flexible and might do what
> > we need but there will be learning curve.
> 
> Needs Oracle as well.  I don't think the postgressql port is anywhere
> near finished yet.
> 
> Mybooks from http://www.appgen.com/index.html is meant to be quite good.
> Commerical though, and not sure it supports multiple currency.
> 
> Gnucash have a nicely explain method for dealing with multiple
> currrencies in the GL. 
> http://www.gnucash.org/docs/C/xacc-currencyhandling.html#AEN1408
> 
> -- 
> Nicholas Lee - nj.lee at plumtree.co dot nz, somewhere on the fish Maui caught.
> gpg. 8072 4F86 EDCD 4FC1 18EF  5BDD 07B0 9597 6D58 D70C            icq. 1612865 
> 
>                          Quixotic Eccentricity
> 
> 
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