Understanding the Balance Sheet - Unrealized Gain?

[bunk3m]

Thank you for the explanation, Derek.  I thought as much about the gain.

I can't quite come to grips with the amount of the gain as the
currencies were nearly at par for most of last year when I did have
USD.  So I want to "audit" them to make sure I'm comfortable.

How can I check/review/see/audit the specific transactions that make up
the Gain Amount?  Can I create a report, check a ledger/account? 

Thanks again.
B.

On 20.03.2013 12:43 , Derek Atkins wrote:
> bunk3m <bunk3m at gmail.com> writes:
>
>> Hi.
>>
>> I have setup two currencies as I had one client who paid in USD and I'm
>> using CAD.  I had a USD bank account, USD A/R, USD Income.  The only
>> expenses in USD were some bank charges.  I did update the USD/CAD
>> exchange rate monthly when I had bank fees or when I moved $ from USD
>> Check to CAD Check using the actual currency rate for the transaction.
>>
>> I notice in the balance sheet that I have an "Unrealized Gain" (never an
>> "Unrealized Loss").
>>
>> On every line in the Balance Sheet, I can click and see the transactions
>> that made up that balance.
>>
>> How does one go about understanding which transactions created the
>> "Unrealized Gain"?
> The transactions between the currencies.  The 'gain' is the change in
> value that occurs.  For example, I buy €100 for $125 on Feb 1.  On March
> 1 those €100 are worth $130 (because the exchange rate changed).  That's
> an unrealized gain of $5.
>
>> Thanks
>> B.
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> -derek
>