Stocks and Balancing Accounts

[Mike Alexander]

--On June 16, 2008 11:37:48 AM +0200 Daniel Carrera 
<daniel.carrera at zmsl.com> wrote:

>> Unfortunately, GnuCash is not very helpful in this area.  As an
>> alternative method to what you have already seen, you could take a
>> look  at this:
>> http://www.mscs.dal.ca/~selinger/accounting/tutorial.html
>
> There it is! What GnuCash does is what it says in section 2.2.
> "Double  entry foreign currency accounting, the wrong way". And the
> reason  GnuCash doesn't balance is the same reason why 2.2. doesn't
> balance.
>
> What GnuCash could do is use the method in section 3.2 (SSAP 20).
> Notice  that this method is not feasible for a user (see
> "disadvantages") but  GnuCash could do it.
>
> The method that I currently use (with my "Currency > XYZ" accounts)
> is  the method described in section 4. Or in particular, the one on
> this page:
>
> http://www.mscs.dal.ca/~selinger/accounting/gnucash.html

See Bugzilla item <http://bugzilla.gnome.org/show_bug.cgi?id=537476> 
for a patch that implements some of this.

-- 
Mike Alexander           mta at umich.edu
Ann Arbor, MI            PGP key ID: BEA343A6