Forex reports

[alpappy]

HI is it possible to do a comparative report using different currency to base currency
eg

Portfolio in NZD but I wish to compare the performance of a period in say AUD Is this feature available ? If so how do set up the report

Thanks
Alan

[Mark]

Hi Alan,

You have a portfolio in NZD and you want to compare it to what in AUD? If you want to see it in AUD instead of NZD you can do that. Just assign your default to AUD, and make sure your NZD currency is not in the default position. You can do a lot with currency templates, changing the default currency, without modifying the currency of your actual holdings. See:

https://www.fundmanagersoftware.com/hel ... rency.html

and in case you've not see how to set up multiple currencies, see this tutorial:

https://www.fundmanagersoftware.com/tut ... video.html

[alpappy]

Hi changed default currency to AUD but the totals in portfolio editor still show the same totalas it was in NZD Will the AUD conversion only show up in a custom report?( not on the editor)

each postion I have has an asssigned currency eg if IBM currency I use is USD which is defined in the currency table as NZDUSD=X using yahoo for the currency quote

thanks
alan

[Mark]

Hi Alan,

2 questions:

1) Are you trying to see your portfolio in AUD?

2) Of the 25 currency positions, where the default is #1, and counting up as you go down the list, what position are your investments in this portfolio assigned to?

Please read over that documentation and tutorial, I think that should really help.

[alpappy]

HI Yes that would be helpful Also reports in AUD and NZd the Default NZD is no 1 Other currencies I use are from number 2- 9
alan

Looking at video what I have done is the same as you have

[Mark]

Hi Alan,

See the documentation on "Currency Templates". If you're using NZD in the #1 slot, you won't be able to convert those to AUD, because that is the default spot. If you make NZD slot 10 for example, change all your investments to NZD in slot 10, you will then have the flexibility to apply an exchange rate NZD->AUD to slot 10 and have the default be AUD. Alternatively, you can make the default also be NZD, and set the exchange rate for slot 10 to be a fixed 1.0.

[alpappy]

Thanks if NZD is number 10 Do I need too change every position to this one at a a time?

Say I have IBM currency at present is USD which is slot 2 NZDUSD=X and it shows the valuation in native in use and default in NZD how will this now be shown

thanks
alan

[Mark]

Hi Alan,

Yes, you'd want to change all your NZD positions to slot 10 one at a time.

If your USD in slot 2 is currently NZDUSD=X this is fine while you have the default set to NZD. When you change the default to AUD you will want to change the exchange rate to AUDUSD=X.

Please read the documentation on "Currency Templates" here:

https://www.fundmanagersoftware.com/hel ... rency.html

There are screen shots and detailed explanations that explain all of this.

Currency templates are a way to allow you to quickly change to different default currencies.

[alpappy]

Thanks will give a go Would be use to change see investments in other currencies I I use AUD NZD and CHF to benchmark the porfolios
Have a great weekend
Alan