That old chestnut - multi currency

[twig]

I appreciate that the issues have already been covered, particularly by Peter
Selinger.  However, I would like to add my comments as I have gained an
impression, perhaps unfairly, that this is seen as an esoteric problem
rather than a real world significant inconvenience.

My business buys merchandise in seven currencies and sells in one.  We
average around two foreign purchase invoices per day.  With some suppliers
we pay monthly,  one payment for maybe eight or ten invoices, where the
exchange rate has been different for each one and is different again for the
payment.  Using GnuCash to handle a foreign currency A/P account guarantees
that reports won't balance -- and there is the rub -- the 'Trial Balance'
doesn't.

It doesn't get any further than that with my accountant.  If the trial
balance doesn't balance then the accounts are wrong, end of story.  He won't
accept them.  Showing him an 'unrealised gains' entry in the Balance sheet
doesn't cut it.  "From where" he says, "account for them!"

So I am stuck with manual currency trading accounts as per Peter Selinger. 
His proposal may not solve all predicaments but it would work for me.

Other than that it's a great application.
Regards
Twig
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