Unbalanced balance sheet

[Boyd Kelly (Coast Systems)]

What to you have to do then when you sell a commodity other than your
report-currency in order to make things balance properly?

Thanks!

bk 

-----Original Message-----
From: gnucash-user-bounces at gnucash.org
[mailto:gnucash-user-bounces at gnucash.org] On Behalf Of Derek Atkins
Sent: January 16, 2005 7:35 AM
To: Mark Eackloff
Cc: Derrick Ashby; gnucash-user at gnucash.org
Subject: Re: Unbalanced balance sheet

Mark Eackloff <meackloff at cox.net> writes:

> This happened to me recently.  I determined that it was caused by an 
> unbalanced entry.  Yes, that's right.  Apparently it is possible to 
> enter only one side of a transaction.  I'm not sure if that's a 
> "feature" or a bug.

The only way I know of to enter unbalanced transactions is via the OFX
Import process.  I (still) consider that a bug, but it has not (yet)
been fixed.  :(

However, that's not the only way to cause a balance-sheet imbalance.
Another way is not accounting for capital gains/losses when you sell a
commodity other than your report-currency.  Gnucash 1.8 does not
properly account for the change-in-value of commodities, which means
your balance sheet will be out of balance.

-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
_______________________________________________
gnucash-user mailing list
gnucash-user at gnucash.org
https://lists.gnucash.org/mailman/listinfo/gnucash-user