Use of lots for gains/losses when using multiple currencies

[David T.]

John,

Do you know whether this information is outlined anywhere in the documentation? Your description is particularly clear, and this subject does seem to come up rather regularly…

Cheers,
David

> On Dec 2, 2016, at 8:41 PM, John Ralls <jralls at ceridwen.us> wrote:
> 
> 
>> On Dec 1, 2016, at 4:17 PM, habesz85 <tamas.habon at gmail.com> wrote:
>> 
>> Hello guys,
>> 
>> I just started to adopt trading accounts, and lots in my personal
>> bookkeeping.
>> The reason is, I'm trading with securities, that have a different currency
>> than my base currency.
>> 
>> Let me explain my problem with a real life example;
>> 
>> My base currency: HUF
>> Trading currency involved: EUR
>> 
>> 1. I converted some HUF to EUR - for this I maintain a a separate EUR and
>> HUF technical investment acct
>> <http://gnucash.1415818.n4.nabble.com/file/n4687872/1.png> 
>> 
>> 2. I have bought Securities denominated in EUR - the security has a separate
>> account 
>> <http://gnucash.1415818.n4.nabble.com/file/n4687872/2.png> 
>> 
>> 3. some month later, I have sold the security with capital gains - I
>> received EUR for the securities, what I have transfered back to the EUR
>> Technical account
>> <http://gnucash.1415818.n4.nabble.com/file/n4687872/3.png> 
>> 
>> 
>> My problem - and this is hard to explain so hold tight;
>> 
>> After scrubbing the account with the lot function - Gnucash calculates me
>> the right ammount of capital gain BUT!!!! in the wrong currency. 
>> To be more exact - in my example, my capital gein is 186,55 EUR BUT!!!!
>> gnucash falsely assigns HUF to the ammount 186,55.
>> 
>> What strange to me is, that when I open the scrub menu, I see the value of
>> the security in HUF also, instead of EUR - it should be maintained in EUR.
>> <http://gnucash.1415818.n4.nabble.com/file/n4687872/4.png> 
>> 
>> Do you guys know the solution to this? 
>> 
>> PS: I have tried to maually overwrite the ammounts, did not work - it just
>> created orphan lines
> 
> 
> Tamás,
> 
> The first thing to check is that you have all of your Euro-denominated stock accounts under a Euro-denominated asset account. That's how GnuCash knows what currency to use for pricing when its generating transactions for you.
> 
> If you have a separate Euro-denominated brokerage account you could do it like this:
> 
> Assets:Investment:Brokerage-EUR                                                                               [Type Assets, Currency EUR]
> Assets:Investment:Brokerage-EUR:Stocks                                                                    [Type Assets, Currency EUR]
> Assets:Investment:Brokerage-EUR:Stocks:IShares Core MCSI World UCITS ETF  [Type Stock, Commodity UCITS ETF]
> Assets:Investment:Brokerage-EUR:Cash                                                                      [Type Bank, Currency EUR]
> 
> OTOH if you have only a Hungarian brokerage account in which you're holding EUR stocks you might do it this way:
> Assets:Investment:Brokerage                                                                                          [Type Assets, Currency HUF]
> Assets:Investment:Brokerage:Stocks-HUF                                                                     [Type Assets, Currency HUF]
> Assets:Investment:Brokerage:Stocks-EUR                                                                     [Type Assets, Currency EUR]
> Assets:Investment:Brokerage:Stocks-EUR:IShares Core MSCI Worlkd UCITS ETF [Type Stock, Commodity UCITS ETF]
> Assets:Investment:Brokerage:Cash-HUF                                                                       [Type Bank, Currency HUF]
> Assets:Investment:Brokerage:Cash-EUR                                                                       [Type Bank, Currency EUR]
> 
> Regards,
> John Ralls
> 
> 
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