Re: Foreign Currency transfers fixed in 2006?

[Bob Peel, MVP]

There haven't been any patches to M2006. Typically MS do not issue patches
between versions unless they screw up big-time as happened with M2005
shortly after release.

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default.aspx?scid=fh;EN-GB;mny.

I do not respond to any emails that I have not specifically asked for.

"Andrew Ross" <Andre...@discussions.microsoft.com> wrote in message
news:4FE108AA-076C-49E4...@microsoft.com...
>A while ago I noticed a problem in the 2006 version where transfers between
> two accounts denominated in the same foreign currency would result in a
> currency conversion prompt.
>
> The 2005 version handled this type of transfer correctly so I asked
> Microsoft for a refund and went back to that version.
>
> I would like to upgrade to 2006 when I can but it's pointless to do so if
> this functionality is still broken. Anyone know if it's been fixed yet?
>
> Thanks
> A.

[Andrew Ross]

OK, thanks for the prompt response Bob.

I suppose the next obvious question is: "What constitutes a 'big-time screw
up'?"

In order to replicate this issue, you need to:
a. Have foreign currency accounts;
b. Have more than one account in the same foreign currency; and
c. Want to make transfers between those similarly denominated foreign
currencies accounts.

I'm willing to bet those circumstances apply to a fairly small subset of the
user base so I suppose I should just get over it and wait for the next
release?!

Cheers
A.

[Dick Watson]

Beware you are describing prime conditions for things that don't get fixed,
ever.

"Andrew Ross" <Andre...@discussions.microsoft.com> wrote in message

news:6340721A-7F6A-4A91...@microsoft.com...

[Jason]

I just tried it in Money 2006 and couldn't replicate the problem I already
had a cash account denoicnated in Thai Baht and I created new Credit Card
account also denomincated in Thai Baht. When I transfer funds between these
accounts, no currency conversion prompt pops up. According to "Help About",
the version of Money 2006 that I'm running is 15.0.125.513

"Andrew Ross" <Andre...@discussions.microsoft.com> wrote in message

[Cal Learner-- MVP]

In microsoft.public.money, Jason wrote:

>I just tried it in Money 2006 and couldn't replicate the problem I already
>had a cash account denoicnated in Thai Baht and I created new Credit Card
>account also denomincated in Thai Baht. When I transfer funds between these
>accounts, no currency conversion prompt pops up. According to "Help About",
>the version of Money 2006 that I'm running is 15.0.125.513

Based on your test, I tried it in a test file with a checking and
credit card account in Thai Baht. No pop-up for me in Money 2006
either.

[Andrew Ross]

Thanks for taking the time to test this out guys.

However, I wonder whether you would mind indulging me with one more test.

Try the same thing you just did except, instead of a credit card / checking
account combination, use a mortgage and a checking account in THB (Make sure
you elect to track transactions on the mortgage rather than just keeping
track of the outstanding amount).

Now go to the mortgage and try to make a new payment. Choose "regular loan
payment", and select the THB checking account that you've set up as the
account from which the funds should be taken.

Cheers
Andrew

[Jason]

Just tried it. You are right, when you make a regaular mortgae payment from
a THB checking account to a THB mortgae the currence conversion dialog pops
up. Then if I accept the default values in the pop up form, when I look at
the checking account I see that it deducted a number of US dollars from the
checking account that is numerically equal to the number of Thai Baht that
were applied to the mortage. This means that the balance in the checking
account will be wrong by a big amount. This seems like a major bug to me,
it basically forces you to pay the mortgage out of an account that is
denominated in US dollars no matter what currency the mortgage account is
in.

"Andrew Ross" <Andre...@discussions.microsoft.com> wrote in message

news:51417E88-87C6-42DF...@microsoft.com...