I am struggling with this issue. I have to pay my supplier an amount in a different currency however when transferring money from an Australian Bank they charge me a fee. For the purpose of getting this right i will give an example:
Total Amount Payable to Supplier: 2000 Euros
Part Payment to supplier: 1000 AUD
BALANCE: 281.72 Euros
Transaction fee: $22.00
When i try and do this via spend money where i transfer 1000 AUD and enter the transaction fee as an expense in bank charge it increases the total amount to 1022AUD,
When i enter a 1022 AUD and add bank charge of -22.00 as a bank charge expense it shows as a negative in my expenses.
Can someone please advice what the correct way is to enter this?