Exchange rate changes lead to imbalance
Dolfy
d01fy at yahoo.com
Sun Aug 30 10:31:11 EDT 2009
> Mr. Selinger doesn't handle unrealized gains at
> all...
True. But gnucash neither. If gnucash has a feature where you can adjust exchange rates/stock prices, it should cope with this as well to keep consistency. Not sure though how it can be implemented. :-( But if it will be implemented once it should handle all types of inventories, not only foreign currencies and stocks.
For this particuluar case I would do something like:
add two HUF denominated sub-accounts:
Assets:EUR:Valuation
Equity:AOCI
(where AOCI stands for Accumulated Other Comprehensive Income), and handle valuation adjustments by hand.
Keep up the good work!
Cheers, Dolfy
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