handling multiple entities in single book : issue with trading accounts

[Wm]

Tue, 13 Jan 2015 07:15:42 
<6F96AB8E-E0FC-4F1D-A86C-4C316C8B9564 at ceridwen.us>  John Ralls 
<jralls at ceridwen.us>

=== q ===
No, the trading accounts are hard-coded.

The trading accounts aren't for P&L, they're just to separate out the 
exchange part of a multi-currency or multi-commodity transaction. You 
should create separate splits between the(e.g.) stock account and an 
income account to account for realized gains. Note that this can be a 
bit tricky if there are more than 2 commodities/currencies involved, 
like if you were to trade stocks in USD. See the discussion in 
https://bugzilla.gnome.org/show_bug.cgi?id=742795.

=== q ==

Interesting, thank you.

=== q ===
The name "Trading Account" was taken from a blog article about using 
GnuCash in a multi-currency environment, but the name seems to confuse 
people who haven't read the article. Perhaps we should change it to 
something like "Exchange Rate Account" to be more clear to them.

=== q ===

I've no idea what else it should be called as Trading account as 
expressed by Peter Selinger has been adopted by a number of other bits 
of software too and has possibly taken on a life of its own beyond gnc 
and his original use example.

For the future, as and when, Trading accounts should be under Equity 
rather than an account type of their own ... but I think you probably 
know that.

-- 
Wm...