multiple currencies combined in net worth?
My accounts are all in USD with the exception of a single, new account in Euros. I want to know if the Euros are included in the Net Worth value, since it is expressed in dollars. This version of Quicken does not include exchange rate updating, so I am guessing the Euro data is just the addition of a symbol, but has no calculative value? Makes me wonder what other functionality is not behaving as one would expect. I understand only the Premier, Home & Business, or Rental Property versions include exchange rate updates -- this seems odd, given that my Deluxe version updates stocks and funds... adding exchange rates would seem to be a trivial addition.... Appreciate any advice or clarifications.
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Now running Quicken Windows Subscription, Home & Business
Retired "Certified Information Systems Auditor" & Bank Audit VP
You should either set up two separate single-currency accounts or convert every transaction while entering (or use your own Excel spreadsheets).