Multi-currency
Mike Alexander
mta at umich.edu
Wed Sep 23 19:06:19 EDT 2009
--On September 23, 2009 11:34:21 PM +0100 Timothy Wight
<tim.wight at kihoe.net> wrote:
> I would like to put an alternative point of view -- and apologise in
> advance for being long winded.
One thing that may not be obvious since Peter's original articles gloss
over it a bit is that you still need to add splits for realized gains
and losses when you buy or sell any commodity. The trading account
changes don't remove that requirement. They more properly deal with
unrealized gains and losses but they don't (as you say) distinguish
between realized and unrealized gains and losses. Gnucash can, in some
cases, created the splits for realized gains and losses, use the lot
scrubber, but this doesn't work perfectly and it is often better to add
them by hand.
Mike
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