How we use GnuCash for rare multi-currency transactions

[M. R. Clark]

Hello Mr. Bob,

Will you answer another question about multiple currencies? Its 
pretty simple but I can't seem to make the totals on the accounts tab 
the same as the totals on the Balance sheet.  Balance sheet doesn't 
include the foreign currency.

Matthew

At 04:29 PM 7/25/2015, you wrote:
>When were are not entering multi-currency transactions, we are careful
>to turn off "Trading Accounts" [Alt-Return, uncheck "Use Trading
>Accounts"].  If you leave "Use Trading Accounts" checked when you enter
>a stock transaction, the "Trading Accounts" functionality adds a trading
>account for the stock because the stock shares are a commodity, just
>like a currency.  A stock "Trading Account" serves no purpose.
>
>The documentation seems to imply that the "Use Trading Accounts" check
>box was intended to be turned on once and then left on forever.
>Happily, so far as we have been able to determine, this check box can be
>toggled on when you want the "Trading Account" functionality and toggled
>off when you don't want the "Trading Account" functionality.  And
>GnuCash continues to function correctly.
>
>We chose to use "Trading Accounts" because it allows us to
>straightforwardly track our foreign currency transactions in the foreign
>currency without creating any expense or income accounts in the foreign
>currency.  This may not be immediately obvious to you, but if you
>intelligently work through an example transaction, you will see how to
>do it.
>
>I'm sending this message to the mailing list hoping that it will help
>others use GnuCash more effectively.
>--
>Segundo Bob
>SegundoBob at earthlink.net
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