diff --git a/Account.hs b/Account.hs
index 2ce693d2b..2e374cb72 100644
--- a/Account.hs
+++ b/Account.hs
@@ -5,6 +5,7 @@ import qualified Data.Map as Map
 import Utils
 import BasicTypes
 import AccountName
+import Amount
 import Entry
 import Transaction
 import EntryTransaction
diff --git a/BasicTypes.hs b/BasicTypes.hs
index 3b88495e0..f49509761 100644
--- a/BasicTypes.hs
+++ b/BasicTypes.hs
@@ -5,76 +5,3 @@ import Utils
 
 type Date = String
 type DateTime = String
-
--- amounts
-{- a simple amount is a currency, quantity pair:
-   0 
-   $1 
-   £-50
-   EUR 3.44 
-   HRS 1.5
-   DAYS 3
-   GOOG 500
-
-   a mixed amount is one or more simple amounts:
-   $50, EUR 3, AAPL 500
-   HRS 16, $13.55, oranges 6
-
-   arithmetic:
-   $1 - $5 = $-4
-   $1 + EUR 0.76 = $2
-   EUR0.76 + $1 = EUR 1.52
-   EUR0.76 - $1 = 0
-   ($5, HRS 2) + $1 = ($6, HRS 2)
-   ($50, EUR 3, AAPL 500) + ($13.55, oranges 6) = $67.51, AAPL 500, oranges 6
-   ($50, EUR 3) * $-1 = $-53.96
-   ($50, AAPL 500) * $-1 = error
-   
--}
-
-type Currency = String
-
-data Amount = Amount {
-                      currency :: Currency,
-                      quantity :: Double
-                     } deriving (Eq,Ord)
-
-instance Show Amount where show = showAmountRoundedOrZero
-
-nullamt = Amount "" 0
-
-showAmountRoundedOrZero :: Amount -> String
-showAmountRoundedOrZero (Amount cur qty) =
-    let rounded = printf "%.2f" qty in
-    case rounded of
-      "0.00"    -> "0"
-      "-0.00"   -> "0"
-      otherwise -> cur ++ rounded
-
-instance Num Amount where
-    abs (Amount c q) = Amount c (abs q)
-    signum (Amount c q) = Amount c (signum q)
-    fromInteger i = Amount "$" (fromInteger i)
-    (+) = amountAdd
-    (-) = amountSub
-    (*) = amountMul
-Amount ac aq `amountAdd` b = Amount ac (aq + (quantity $ toCurrency ac b))
-Amount ac aq `amountSub` b = Amount ac (aq - (quantity $ toCurrency ac b))
-Amount ac aq `amountMul` b = Amount ac (aq * (quantity $ toCurrency ac b))
-
-toCurrency :: Currency -> Amount -> Amount
-toCurrency newc (Amount oldc q) =
-    Amount newc (q * (conversionRate oldc newc))
-
-conversionRate :: Currency -> Currency -> Double
-conversionRate oldc newc = (rate newc) / (rate oldc)
-
-rate :: Currency -> Double
-rate "$"   = 1.0
-rate "EUR" = 0.760383
-rate "£"   = 0.512527
-rate _     = 1
-
-
-data MixedAmount = MixedAmount [Amount] deriving (Eq,Ord)
-
diff --git a/EntryTransaction.hs b/EntryTransaction.hs
index a365c88bf..55a69507e 100644
--- a/EntryTransaction.hs
+++ b/EntryTransaction.hs
@@ -5,6 +5,7 @@ import Utils
 import BasicTypes
 import Entry
 import Transaction
+import Amount
 
 
 -- We convert Transactions into EntryTransactions, which are (entry,
diff --git a/Models.hs b/Models.hs
index 1890e587d..cafd7d7fc 100644
--- a/Models.hs
+++ b/Models.hs
@@ -1,6 +1,7 @@
 -- data types & behaviours
 module Models (
                module BasicTypes,
+               module Amount,
                module AccountName,
                module Transaction,
                module Entry,
@@ -13,6 +14,7 @@ where
 import qualified Data.Map as Map
 
 import BasicTypes
+import Amount
 import AccountName
 import Transaction
 import Entry
diff --git a/TimeLog.hs b/TimeLog.hs
index 40d10befe..6b9732a5c 100644
--- a/TimeLog.hs
+++ b/TimeLog.hs
@@ -2,6 +2,7 @@ module TimeLog
 where
 import Utils
 import BasicTypes
+import Amount
 import Transaction
 import Entry
 import Ledger
@@ -44,11 +45,11 @@ entriesFromTimeLogEntries [clockin,clockout] =
        ]}
     ]
     where
-      accountname = (tcomment clockin)
-      intime = tdatetime clockin
-      indate = dateFrom $ tdatetime clockin
-      outtime = tdatetime clockout
-      amount = timeAmount $ 0 -- read $ outtime - intime
+      accountname = tcomment clockin
+      intime      = tdatetime clockin
+      indate      = dateFrom $ tdatetime clockin
+      outtime     = tdatetime clockout
+      amount      = timeAmount $ 0 -- read $ outtime - intime
 
 entriesFromTimeLogEntries many =
     (entriesFromTimeLogEntries $ take 2 many) ++
diff --git a/Transaction.hs b/Transaction.hs
index 9a143c80e..dd0c66323 100644
--- a/Transaction.hs
+++ b/Transaction.hs
@@ -4,6 +4,7 @@ where
 import Utils
 import BasicTypes
 import AccountName
+import Amount
 
 
 data Transaction = Transaction {