Balance sheet unrealized losses

[whwtan]

Hi Paul,

Could you give us a better idea of how you dealt with these 
multi-currency assets?
i.e. Do you use transaction accounts or do you manual attempt to mark 
them to market monthly/quarterly yourself?

Does your balance sheet show you where you are having those losses in 
the unrealised area?

By the looks of it, if you have "accumulated" losses, it suggests that 
you are actually realising those gains and losses. This should not be 
the case, you only accumulate anything when you buy or sell, in other 
words , when you take an action and realise it.

William

On 30/10/2013 4:53 PM, Paul Nadolny wrote:
> I have been using Gnucash for three years now and it is great. I need to
> work in the local currency and have USD and EUR assests.
>
> When I do the Balance sheet I get a huge "unrealized losses" amount that is
> about 20 times more than the total assests. Even if I do the balance on the
> first day of the year (calender) I still get this huge figure. Could it be
> from accumulated currency exchange losses? which in fact I do not know how
> to work with yet?
>
> I do not have the skills to get the Balance sheet worked out.
>
> Thanks if you can help.
> Paul
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