Thank you very much for your help Dick, I did what you suggested and it
worked well.. Cheers



"Dick Watson" wrote:

- quote -

The only way to do this in Money that is at all effective is to create a
cash account denominated in the foreign currency. Then you Transfer your
Aussie dollars from the default-denominated account to the USD-denominated
account. On that Transfer, Money will ask for the conversion rate or
converted amount. This is accounting-proper as the only Expense (i.e.,
Category) here is if you paid an explicit fee--besides the spread on the
conversion rate. If you paid an explicit fee, you can create a Split
transaction with the fee expense as one element and the Transfer:[USD cash
account] as the other element.

"purpleairplane" <purpleairplane[at]discussions.microsoft.com> wrote in message
news:B612DC61-BD98-4D3E-A93C-74F5C3C7833D[at]microsoft.com...
- quote -

Could someone please help me work out how to show transactions in MS Money
for buying foreign currency? I just exchanged some Aussie dollars for US
dollars, at a currency exchange place. I gave them Australian notes, and
received US notes. How do I show this in my cash account? What category do I
put it under?
Cheers.