[GNC-dev] Use trading accounts only for currency conversion
wm_o_o_o at yahoo.co.uk
Fri May 10 05:56:48 EDT 2019
On 05/05/2019 09:41, cicko wrote:
> As I've written in https://bugs.gnucash.org/show_bug.cgi?id=797227:
> I suspect that the purpose of the trading accounts was to account for the
> loss/gain in currency conversion (only).
Your suspicion is incorrect.
> Not sure if applying the trading
> accounts for other commodities makes sense.
Maybe you should give an example of where trading accounts don't work
for a commodity in a "home" currency (or whatever it is we are calling
it at the moment).
> These should be accounted for
> through Capital Gains/Losses accounts.
Are you suggesting that gnc takes a jurisdictional view? Tax
regulations are extremely complex and differ widely between one country
and another. At the moment we generally think that is best left to the
user understanding their government's legislation.
> I find that mixing other commodities trades in trading accounts almost
> destroys their usefulness.
Once again, I think an example would be useful.
> Limiting their implementation to Currency commodities only would make more
> sense. What do others think?
I think you need to come up with a better way of doing things before you
tinker with trading accounts.
I agree the name is misleading to some so you're welcome to suggest
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