Re: Exchange rates

This WebDNA talk-list message is from

2000

It keeps the original formatting. numero = 31925
interpreted = N
texte = >In the US, there are accounting rules about exchange rates; at least>here, you need to establish an official source that is used at a>specified interval to update the conversion rate. For example, the>International edition of the New York Times on the first Monday of>every month. I would recommend trying to get in contact with a Canadian>CPA to see how they do it up North.>>The one thing you will quickly discover is that the prices will look>wrong for one currency over another. For example, a book might be>priced at $19.95 and CAN$29.66. You need to decide which country is>likely to be the majority customer and display accordingly. We have a>British distributor which receives their prices from us once a month. I>actually strip the cents off of the US$ and drop that on top of the>converted price, so for my above example, I would actually display>CAN$29.95. Good luck doing that in WebCat.>>I suspect that the way that Canadian laws are probably structured, the>CPA is going to tell you exactly how you _have_ to do it. If you are>in Quebec, you may even need to do a French language version as well :(>I know Nicolas Verhaeghe had a set of cool templates that connected to some Bank and got the rates each day.-- Micheal O Shea Email:micheal@com4u.chcom4u.ch http://www.com4u.chBreitistrasse 7B PGP key available upon request. CH-5506 Maegenwil Tel: +41 62 896 46 26Switzerland-------------------------------------------------------------This message is sent to you because you are subscribed to the mailing list .To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to Web Archive of this list is at: http://search.smithmicro.com/ Associated Messages, from the most recent to the oldest:

Re: Exchange rates ( "Chris List Recipient" 2004)
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Re: Exchange rates (Nicolas Verhaeghe 2000)
Re: Exchange rates (Michael O Shea 2000)
Re: Exchange rates (John Peacock 2000)
Exchange rates (Christopher Mackay 2000)

>In the US, there are accounting rules about exchange rates; at least>here, you need to establish an official source that is used at a>specified interval to update the conversion rate. For example, the>International edition of the New York Times on the first Monday of>every month. I would recommend trying to get in contact with a Canadian>CPA to see how they do it up North.>>The one thing you will quickly discover is that the prices will look>wrong for one currency over another. For example, a book might be>priced at $19.95 and CAN$29.66. You need to decide which country is>likely to be the majority customer and display accordingly. We have a>British distributor which receives their prices from us once a month. I>actually strip the cents off of the US$ and drop that on top of the>converted price, so for my above example, I would actually display>CAN$29.95. Good luck doing that in WebCat.>>I suspect that the way that Canadian laws are probably structured, the>CPA is going to tell you exactly how you _have_ to do it. If you are>in Quebec, you may even need to do a French language version as well :(>I know Nicolas Verhaeghe had a set of cool templates that connected to some Bank and got the rates each day.-- Micheal O Shea Email:micheal@com4u.chcom4u.ch http://www.com4u.chBreitistrasse 7B PGP key available upon request. CH-5506 Maegenwil Tel: +41 62 896 46 26Switzerland-------------------------------------------------------------This message is sent to you because you are subscribed to the mailing list .To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to Web Archive of this list is at: http://search.smithmicro.com/ Michael O Shea

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Re: Exchange rates

2000

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