incorrect equity on balance sheet
Derek Atkins
warlord at MIT.EDU
Tue Jun 2 10:00:19 EDT 2009
Antonios <antoniosx at gmail.com> writes:
> I added an account in British pounds on 5/11 and now I can not get correct
> balance sheets after 5/11. I tried searching the archives but did not find
> anything referencing this type of error. How can I correct this? I tried
> making sure I have a GBP exchange rate for every day that there are
> transactions in this new account. If I delete the GBP account and all
> transactions it then works as before showing a small unrealized gain from
> previous euro transactions in other accounts
It means you're not accounting for the capital gains back to USD due to
the 'sale' of your GBP.
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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
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