Balance sheet doesn't balance

[Derek Atkins]

Willi Tonsern <willi.tonsern at aon.at> writes:

> On Saturday 27 January 2007 08:01, Stephen Myers wrote:
>> Thanks Derek,
>>
>> I had restructured my portfolio and had "sold" some commodities and
>> "bought" some new ones.  Because I was not actually selling I didn't bother
>> to look at how to properly account for the "sale".  I went back and split
>> the "sale" per the concept guide and that fixed up my problem.
>>
>> On 1/26/07, Derek Atkins <warlord at mit.edu> wrote:
>> > Most likely it means you didn't properly account for unrealized
>> > gains/losses
>> > when you sold some commodities.
> Yes - I would like to do so - but I don't know how.
> My base currency is EUR.
> Since 4 years I have a CHF account ( both in GnuCash as well as on my bank)
> Now I want to switch all CHF's into EUR in order to gain from currency 
> conversion. So I open a new EUR account. With a single booking I transfer all 
> money from CHF to the EUR account; after setting the actual currency values 
> the amount in the EUR account is exactly what it should to be.
> On the bank I realized a gain (the difference EUR/CHF in 4 years) but in 
> GnuCash I don't know how to book it. Should I book an incoming? Where comes 
> the money in from?
> thanks for any answers
> willi
>> > -derek

Income:Capital Gains

-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
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