Duplicated "Trading" accounts
David Bergum
dib at red-sky.us
Sat Mar 3 12:08:27 EST 2012
On Mar 1, 2012, at 7:22, Derek Atkins wrote:
> David Carlson <carlson.dl at sbcglobal.net> writes:
>
>> What, exactly, is a 'Trading" account? Is it something special that is
>> aimed at day-traders, or is it for average investors?
>
> "trading accounts" are used to perform multi-currency double-entry
> accounting, to better account for gains and losses when transfering
> assets from one commodity to another. It's a feature of GnuCash that
> you have to "turn on" and it will auto-generate additional split entries
> for you to keep track of the movement.
Can one enable trading accounts after several years of bookeeping w/o using it? Will it through off past balances?
David Bergum <dib at red-sky.us>
2415 Saint Pauls Square 218-206-2133 Skype
Raleigh, NC 27614 612-723-7135 cell
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