Currency bug for different cost/share currency and trading currency of a security
When you have the portfolio settings in GBP and enter the cost per share in GBP to enter a lot for a security trading in USD. The calculations are wrong. The app takes the trading price of the security in USD and deducts average cost in GBP then coverts the resulting gain from USD to GBP to calculate the gain which is wrong. It shows a highly inflated gain compared to actual numbers.
The correct method should be take the price of the security in USD, convert it into GBP and then deduct the average cost in GBP to calculate the gain.
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Ali Gazioglu
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P P commented
I would like to enter the cost of a share lot in EUR (GBP in your example), how do you do that for a USD stock?