Expense accounts should not be single currency
Derek Atkins
warlord at MIT.EDU
Sun Oct 19 09:58:31 EDT 2008
Hi,
Quoting jgombos <nabble.forum.jog at spamgourmet.com>:
>
> Suppose there exists an expense account "electronics". GNUCash forces all
> transactions in an expense account to be in the same currency. So buying a
> PDA in the US and then buying a cellphone in Finland isn't an option. The
> two purchases should be treated as the same type of expense, but gnucash
> limitations seem to force two separate expense accounts in this situation:
> electronics-usd, and electronics-euro.
>
> How do you folks deal with this?
Use Subaccounts.
Expenses:Elelectronic:USD
Expenses:Electronics:EUR
> It appears the available hacks are to create duplicate expense accounts for
> each currency, or translate purchase prices outside of gnucash (which means
> the amount printed on the sales receipt doesn't match what is entered in
> gnucash).
Yep, those are your choices. Accounts in GnuCash hold one and only one
commodity. Doing otherwise would be hell in a hand basket and make the
UI significantly more complex. You'd have to enter the transaction
commodity on every transaction manually. And you couldn't get a single
account running balance.
The current method is significantly more agile, simple, and clear.
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-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
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