
How to handle Scheduled transaction (installments) not in native currency?
Hi there,
I have an installments that will last till November this year. So I guess that's scheduled transactions.
The only problem is that it's in a different currency. So each month the actual fee is different.
I guess I can budget a fixed amount each month not an issue. The question is how should I add a scheduled transaction if the amount changes due to currency exchange rates?
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Hi kimsia !
I totally agree with what Ben said! Add the recurring transaction with your best guess amount, and when it hits the bank with the final amount including exchange rate/bank fees etc, change the transaction amount in YNAB. The flagging is a great suggestion too, that can be your cue to check your online banking! 馃槉