Hi @ MoneyWiz.
I love the product and have been a customer since 2012.
Will you help me and guide me to the right forum / topic, in case this is already a discussion?
Since I live in Northern Europe, with its own currencies, I am working with multiple currencies on a weekly basis.
On a regular basis I'll use EURO, Swedish & Danish 'Crowns' (SEK & DKR), USD and occasionally GBP, etc.
The currency conversion i MoneyWiz is a breeze.
Two things however is, as far as I can tell, impossible to track.
1. Many shops charge a fee, for using international Credit Cards, (CC).
It would be great to be able to add this field.
That way I could track which shop and or CC, is more expencive to use in a certain, shop or country.
2. Some CC compagnies charge a more expecive conversion rate, than others.
It would be great to see a statistic for which CC is cheaper to use, say after a certain amount is spent.
Hope I make myself clear enough, even though English is my third language.
As for point 1. I think you can create a Category in MoneyWiz, and name it something like CC commission or something like this, and whenever you make a purchase with a CC card, this should be a split transaction - i.e. you will need to include this CC commission category in this transaction and specify the amount of commission that was withdrawn.
I hope this makes sense.
I have very similar problem. When I pay with my credit card in a foreign currency, the bank charges a fee in a local currency and adds it to the sum. And that makes entering transactions in a foreign currency not very straightforward.
For example: my card is in EUR, I buy something for 100 GBP, it's very easy to enter in MoneyWiz as it will automatically recalculate it to let's say 115 EUR. But when I receive a credit card statement at the end of the month I see that the bank have charged 2% fee from this transaction and it's actually 115+5.75=120.75 EUR. And now I cannot simply make this transaction split and add 5.75 EUR for 'CC commission' category, because the transaction itself is in GBP