Sotcks in different currencies with differents bank accountscurrencies

[Herbert Thoma]

Hi!

Derek Atkins schrieb:
> 
> Nicolas Scheffer <nico at airboum.net> writes:
> 
> > Derek,
> >
> > Regarding you first answer my bank account is Euro and if i buy USD
> > stocks trough this bank account, why i cannot apply an exchange rate
> > like expenses on a bank account ?
> 
> Your Euro bank account can only handle Euro transactions.  You can't
> translater between Euro, USD, *AND* a stock in one transaction.

I too have default currency EURO and some stock in USD. However, when in
buy an USD stock I pay in EURO (I don't have an USD bank account). That's
what I record in GnuCash: buy 10 USD stock for 100 EUR -> price is 10 EUR.

For reports GnuCash can convert USD prices from the online quotes to EUR.
You need to retrieve the EUR/USD currency rate. To get this you need an
account of type "curreny" (Währung in german) with currency USD.

 Herbert

> > For the second answer, if i fill the transaction trough the bank
> > account i will have also an exchange rate window or i will have the
> > same problem ?
> 
> You should get the exchange-rate dialog.
> 
> > Maybe i do something wrong to setup my different accounts (stocks,
> > banks, etc..) or does the current conception of Gnucash is not perfect
> > to handle such case ?
> 
> Gnucash does not handle implicit exchange rates, which is what you're
> asking for.  GnuCash also does not handle explicit transaction
> currencies, which is also what you're asking for.
> 
> > Regards
> >
> > Nicolas
> 
> -derek
> 
> --
>        Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
>        Member, MIT Student Information Processing Board  (SIPB)
>        URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
>        warlord at MIT.EDU                        PGP key available
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