Question about multiple currencies

[Peter Selinger]

Hi Mike,

thanks for writing. I haven't been reading the gnucash lists for a
while.

As it happens, someone else asked me about realized and unrealized
gains a few months ago, and I had been considering adding a section on
this to my page.

I took your message as a prompt to finally do so. See the new section
4.5 at http://www.mathstat.dal.ca/~selinger/accounting/

It hasn't been carefully proof-read yet, so there might be some
typos. The content should make sense though. 

Mike Alexander wrote:
> 
> ---------- Forwarded Message ----------
> Date: October 20, 2008 12:26:21 PM -0400
> From: Derek Atkins <warlord at MIT.EDU>
> To: John M Collins <jmc at xisl.com>
> CC: Mike Alexander <mta at umich.edu>, gnucash-user at gnucash.org
> Subject: Re: Question about multiple currencies
> 
> > I have one major issue with Peter's page -- he conflated Realized and
> > Unrealized gains/losses and never really talks about the difference
> > between them and when/how you should compute/account for one vs the
> > other.  But I agree that the rest of his document is spot on, but 
> this
> > one issues is IMHO a major flaw in his thesis.
> >
> > -derek
> >
> > John M Collins <jmc at xisl.com> writes:
> >
> >> Yes indeed - I think that Peter Selinger's page is exactly on point.
> >>
> >> On Sat, 2008-10-18 at 00:37 -0400, Mike Alexander wrote:
> >>
> >>> --On October 15, 2008 3:38:02 PM +0100 John M Collins
> >>> <jmc at xisl.com>  wrote:
> >>>
> >>> > Further to my previous message of this morning I tried deleting
> >>> > all the "offending" transactions and then when I run "trial
> >>> > balance" I get this at the bottom of it:
> >>> >
> >>> > Unrealized Gains
> >>> >                     £
> >>> >
> >>> >
> >>> >                       £
> >>> >              £919,651.64
> >>> >
> >>> > Any idea what is going on?
> >>> >
> >>> > And how do I "repair" the accounts?
> >>> >
> >>> > (I did run check and repair all but it made no difference).
> >>> >
> >>> > Thanks for any help anyone can give.
> >>>
> >>> You might want to take a look at
> >>> <http://bugzilla.gnome.org/show_bug.cgi?id=537476> and
> >>> <http://www.mathstat.dal.ca/~selinger/accounting/gnucash.html> to
> >>> see  if they are related to your problem.
> >>
> >>
> >> John Collins Xi Software Ltd www.xisl.com
> >>
> >> Tel: +44 (0)1707 886110 (Direct)
> >>      +44 (0)7799 113162 (Mobile)
> >>
> >> Registered in England & Wales Company Number 1977148 VAT: GB 403
> >> 9239 64
> >>
> >> Trading Address: 3 Mandeville Rise, Welwyn Garden City, Herts, AL8
> >> 7JT, UK
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> >> -----
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> >
> > --
> >        Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
> >        Member, MIT Student Information Processing Board  (SIPB)
> >        URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
> >        warlord at MIT.EDU                        PGP key available
> >
> >
> 
> ---------- End Forwarded Message ----------
> 
>