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Working With Non-U.S. Currency in Pocket Quicken 100/200LX

I just got back from a trip to Holland, Germany, Switzerland and Austria and had a good opportunity to exercise Pocket Quicken internationally. I was initially disappointed that the program did not have foreign currency capability, but I found a way around it.

I created a cash account for each currency; Dutch Guilders, for example. When I exchanged US$ for Guilders, I transferred money from my US$ Cash account to the Guilder account and used split transactions to adjust for the exchange rate and any exchange fees. This way I could keep track of how much of each currency I had in my pocket at any time.

This method worked well, but I did not want to carry over these foreign accounts to my desktop Quicken file. So after returning home, I transferred each foreign account back to US$ Cash using HP CALC and a macro to speed things up. Then I deleted the foreign accounts before syncing with my desktop file.

A bit of a work-around, but not too bad. Better than calculating the exchange rate for each transaction at the time of entry.

Colin Bosch

CompuServe ID: [73043,241]

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