Entering stock in foreign currency (opening balances)

[Derek Atkins]

Nikos Charonitakis <nikosx at gmail.com> writes:

> I own stock ABC expressed in USD and my main currency is euro.
> I tried this:
>
> assets:ABC 100 10 1000
> opening balance (USD)     1000
>
> but  1000 did not appeared in opening balances (usd) account.
> Probably  i am doing something wrong. Which is the proper way to enter
> these stocks?

Create Assets:USD as an Asset account in USD, and then move Assets:ABC
to be under it, Assets:USD:ABC.  Then try entering it.  The parent of
the stock account needs to be in the currency that you use to buy/sell
transactions.

> Nikos

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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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