When I register a transaction in USD (foreign currency for CA version), there is no way I can properly reconciliate the account at the month end. The exchange rate the banks setup is way worst than I can register for Revenue Agency approval. So I am doing triple work using an intermediary account for USD visa, then I transform the amount into CAD and register the exchange rate loss. This could of been done in a single entry if SAGE would add another exchange rate for bank entries that would show the proper amount in the records and add the exchange gain/loss automatically. For example: we use one exchange rate through the year to be able to adjust the bank and other foreign accounts to the December 31 rate (total nonsense) because this is what Revenue Quebec is demanding, but in that case I will have a different from bank statement amount in my records and will have to go through numerous records to find the discrepancy. This is not doable when you have hundreds of them in your month.
Ashod Martirossian
