Why some totals say "approximate

If you hold money in more than one currency, you'll see a line like this under some totals:

Includes amounts converted to EUR at recent rates, so these totals are approximate.

That sentence is doing real work. Here's what it means and when to trust the number.

Why a total can't be exact#

You can't add €100 and $100 without picking a rate, and any rate you pick is a snapshot. Fyncora converts using daily reference rates published by the European Central Bank — good, neutral rates, but not the rate your bank charged at the moment of purchase.

So the total is right to within the rate difference, and Fyncora says so rather than presenting an estimate as a fact.

What IS exact#

• Every individual transaction. A €47.82 shop is €47.82; a $32.27 charge is $32.27. Rows are never converted.
• Every account balance in its own currency.
• Any total where all the money is already in one currency — Fyncora skips conversion entirely then, so single-currency users never see the label at all.

When a currency is missing from a total#

Occasionally a rate genuinely isn't available. Fyncora then leaves that money out of the total and tells you which currency was excluded.

That's deliberate: counting 100 CHF as 100 EUR to make a number look complete would be a silent lie, and a total that quietly drops money would be worse than one that says what it dropped.

Reconciling against a bank statement#

Compare native amounts, not converted totals. Open Transactions, filter to the account, and check the rows in their own currency — those are the numbers your bank will agree with to the cent.

Related#

• How multi-currency works — the model behind all of this
• Fix a wrong account balance — if a single account looks off rather than a total