I could be mistaken, but if you wanted each and every transaction to be converted to the FX rate at the time of each transaction, then the only way to do that would be with trading accounts turned on when you entered them. (or turn them on and re-create/edit each one, but that could be an enormous amount of work.)

In such a case, trading splits are added to cross-currency transactions when they are entered.

Regards,
Adrien

On 7/19/23 11:32 PM, Fred Tydeman wrote:
Both reports are:  Start of previous year and End of previous year
Both reports select all the Income accounts.

In playing around, if I change
   Commodities: Price Source:
to
   Weighted average of all transactions in the past,
then the two reports match.  But, the Transaction
report is using the same COP/USD conversion
for each month (instead of the proper monthly
conversion rate).

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