Hey guys I am a new convert from Wave and am loving the speed of Manager. I just processed a year’s worth of transactions in less time than it was taking me to do a month in Wave
One thing Wave did well was deal with Paypal’s General Currency Conversion events. You could mark two transactions as a transfer (one in AUD and one in USD) and the currency conversion would be assumed and dealt with automatically in the background.
So my question is, is there a way to do something similar in Manager. Maybe automatically update exchange rates or import them from another source?
Here’s my setup:
I have two Paypal Multi Currency accounts both with hundreds of General Currency Conversion events happening between USD and AUD.
I’ve imported all these transactions into separate USD/AUD bank accounts in Manager and am using a Transaction Clearing Account to account for these events and cancel them out.
However from what I can tell Manager is just using a single conversion rate of 1.08, and there doesn’t seem to be a way for me to change this other than manually setting a conversion rate for each of the 365 days of the year.