Foreign investment problems

[Danny Ciarniello]

Aaron Gaudio wrote:

>On Tue, 2004-08-31 at 00:10 -0700, Danny Ciarniello wrote:
>
>  
>
>>I appreciate the USD isn't a Stock.  Maybe I wasn't entirely clear with 
>>the problem.  When I create a new file and use the wizard to create a 
>>set of Investment accounts, I get an account tree like:
>>
>>Assets
>>- Investments
>>-- Brokerage Account
>>--- Bond
>>--- Stock
>>--- Market Index
>>--- Mutual Fund
>>
>>plus, of course, the Income and Expense trees.  When I right-click and 
>>select Edit Account, the settings for each account are:
>>
>>Assets : Type Asset, Commodity CAD
>>Investments : Type Asset, Commodity CAD
>>Brokerage Account : Type Bank, Commodity CAD
>>Bond : Type Stock, Commodity CAD
>>Stock : Type Stock, Commodity CAD
>>Market Index : Type Mutual Fund, Commodity CAD
>>Mutual Fund : Type Mutual Fund, Commodity CAD
>>
>>    
>>
>
>These settings are wrong. A Stock parent account (to represent a
>brokerage, for example) should be simply of type "Asset" with a currency
>commodity. 
>
>
>  
>
Well, this is the way that the GnuCash wizard set things up.  Retirement 
accounts are also set up this way.  As a newbie, my assumption is that 
if GnuCash sets things up this way, then it must be correct (I admit 
that this may not be a valid assumption).

Just for the record, I am using GnuCash 1.8.9 as installed on Linux 
Fedora Core 2 using yum (I don't recall which repository).

Your comment implies that all the accounts listed above should be of 
type "Asset".  Accounts for actual commodities only will be either of 
type "Stock" or "Mutual Fund", as appropriate.

Dan.

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