Foreign stock purchase with domestic currency trading commission
Geoff
geoff at wrightville.org
Sat Apr 11 08:16:40 EDT 2015
I have read the gnucash documentation regarding a foreign currency stock transaction but was unable to find the following use case.
Section 10.4.2 — Purchasing foreign stocks — provides a good description of how to record foreign stock purchases but does not explain how to record a trading fee on the transaction.
If the trading fee is also foreign currency denominated, everything works perfectly. However, in my case, I have an account that charges a domestic currency trading fee and here I seem to run into the problem that a single split can only seem to handle one currency.
If I force the purchase of the stock to a foreign currency then the commission is also recorded as foreign currency and changes through time as exchange rates move. What I need is that the commission remains fixed in the domestic currency.
Does anyone have any advice about how to record this transaction in a way that would preserve the ability to correctly show the commission in the “Advanced Portfolio” report ?
Thanks in advance
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