I often exchange CNY for foreign currencies in advance. I want my bookkeeping to reflect my actual exchange cost instead of the market's real-time rate.
Proposed Workflow:
1. Exchange Record: Allow users to log a manual currency exchange (e.g., CNY to USD at a specific rate).
2. Expense Logging: When logging a foreign currency expense, the app should use that fixed historical rate.
3. Automatic Split: The system should automatically split the transaction into:
• The Expense: The foreign amount converted to the default currency at the real-time rate.
• FX Gain/Loss: A separate entry representing the difference between the real-time rate and my historical fixed rate.
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Budget Flow
About 21 hours ago

Wesley Wei
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Inbox

Budget Flow
About 21 hours ago

Wesley Wei
Get notified by email when there are changes.