Mutiple bank accounts in sub-portfolio

[iwik]

One of my portfolios has investments in multiple currencies. It has multiple bank accounts, one for the home currency, and 1 each for the foreign currencies. Dividends are set up so they are credited directly to the appropriate currency account.

However, when I log a dividend from a foreign investment into FM, it is applying it to the default currency account (the home currency) for the portfolio, with an appropriate exchange rate conversion. I haven't found any way of telling FM not to use the default account, but to use a specific account instead. How do I apply it directly to the correct foreign account?

Thanks and regards

Andrew

[Mark]

Hi Andrew,

Every sub-portfolio can have an assigned default cash account. In this situation you can set up a sub-portfolio for each currency, and place the investments for each currency into their associated sub-portfolio. Then, assign each currency sub-portfolio to the correct cash account for that currency. You assign the default cash account under the "Portfolio Properties" dialog. If you don't want to include your cash accounts in the sub-portfolios, use the "Show All" button to display all investments from all sub-portfolios, so you can pick the correct one. You don't have to choose an investment from that sub-portfolio, but that is the most common usage.

[iwik]

Thanks for this - hadn't thought of just putting in another level of sub-portfolios.

Do you ever sleep??? (its daylight in my part of the world, but I'm certain it's not where you are)

Regards

Andrew