2025-04-30 GnuCash IRC logs
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16:39:05 <lugif> Hello! I'm new to IRC but I think I got a voice now hehe... Guys I've been using the trading accounts feature but now I want to transfer any gains/losses tracked automatically by the tool into an actual expense account (so it appears in Income Statements) or even to close the books for the a period. But the software doesn't allow any manual entries into trading accounts and Close Books tools just ignores the trading accounts. How is one supposed to do
16:39:05 <lugif> those things (realize expenses and close book) with the trading accounts feature?
17:18:33 *** ChanServ sets mode: +qo warlord warlord
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17:18:39 <warlord> lugif, Look at the trading account value and manually transfer the value from the commodity into expense.
17:21:44 <lugif> Thanks for the reply ~warlord, but isn't manual entries forbidden on trading accounts hierarchy? whenever I try that it auto-changes the commodity to Imbalance-COMMODITY
17:23:20 <warlord> lugif, I didn't say to make it in the trading account. I said to make it in the commodity account.
17:23:32 <warlord> You have to manually account for the gain/loss in the transaction
17:23:42 <warlord> The trading accounts just tell you what that is
17:42:00 <lugif> Hmmm... I'm not sure if I'm being stupid here, but the thing is: there is no commodity to transfer without unbalancing other things. I invoiced lets say 100 USD (receivable) and made a revenue in my own currency (BRL), let's say 500 BRL (fx rate 1 to 5). Then on payment the fx rate had changed (1 to 4), so I got 100 USD (using the pay from an invoice) which decreased 100 USD receivable, but resulted only in 400 BRL in cash. Now there is 100BRL there in
17:42:00 <lugif> trading accounts as a result of that. Again, maybe I'm not seeing an obvious entry but I can't debit an expense to let's say 100 BRL in FX Loss without creating a need for a 100 BRL credit that I don't have where to credit (as money was not received during fx).
17:52:28 <warlord> lugif, ah, you're talking currency arbitrage. I'm honestly not sure how to account for that in GnuCash. I was thinking stock sales, where you can have a split that adjusts the basis cost (value) without adjusting the amount of stock being traded.
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17:56:48 <lugif> Yeah... tbh, first time doing it too hehe thanks for the quick response and time anyway, for now I'm thinking of just disabling the trading accounts and reverting back to simple one-currency and keeping any of those currency calculations outside gnucash
18:00:51 <warlord> Probably easier. I don't track foreign currencies.
18:01:01 <warlord> If you want more guidance, try asking on gnucash-user mailing list.
18:13:38 <lugif> thanks! got it!
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