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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