Unbalanced balance sheet
Jeffrey Ratcliffe
jrposting at yahoo.co.uk
Sun Jan 16 14:04:49 EST 2005
On Sun, 2005-01-16 at 10:34 -0500, Derek Atkins wrote:
> 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.
This prompted me to check my own (if no one can think of a good reason
why no, perhaps I'll submit this as a feature request - i.e. whether the
accounts balance at a particular date - or indeed it should be possible
for Gnucash to isolate the transactions that do not balance).
Anyway, needless to say, as I'm an engineer, not an accountant, my
balance sheet wasn't. I tracked down the (first) problem transaction
(all the accounts are in GBP, my reporting currency is EUR):
It is a split:
Shares Assets:Share 195.91
Fee Expenses 4.09
Shares Assets:Current -200.00
Although curiously the accounts are out of balance at this point by EUR
4.10 (not GBP 4.09),
Why is this split causing my accounts to become unbalanced?
Jeff
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