Foreign stock purchase with domestic currency trading commission

Edward Doolittle edward.doolittle at gmail.com
Sat Apr 11 12:20:35 EDT 2015


Are you using trading accounts? If not, would you be willing to switch the feature on?

Sent from my iPhone

> On Apr 11, 2015, at 6:16 AM, Geoff <geoff at wrightville.org> wrote:
> 
> 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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