Managing stocks in foreign currencies

[Roman Decker]

Ok, I have a parent account now also denoted in GBP. I now have the
following:

* Securities     € 1000
** Stocks        € 1000
*** Stocks EUR   € 1000
**** ...
*** Stocks GBP   £ 100
**** WMH.L       £ 100

The WMH.L Stock is still not contributing to my total "Stocks" or
"Securities" value. How can I make that happen?

Thanks for the help,
Roman Decker

Derek Atkins <derek at ihtfp.com> schrieb am Sa., 8. Okt. 2016 um 19:03 Uhr:

> Ensure the parent account of your newly created WMH.L account is an asset
> denoted in GBP.
>
> -derek
>
> Sent from my mobile device. Please excuse any typos.
>
> ----- Reply message -----
> From: "Roman Decker" <roman.decker at gmail.com>
> To: <gnucash-user at gnucash.org>
> Subject: Managing stocks in foreign currencies
> Date: Sat, Oct 8, 2016 12:18 PM
>
> Hello,
>
> I'm trying to add a stock in a different currency than my default currency
> into my gnucash portfolio. I've consulted the manual (https://www.gnucash.org/docs/v2.6/C/gnucash-guide/currency_purchase1.html
>
> ) but
> I'm confused.
>
> In 11.4.1, the manual shows an example of a simple foreign currency
> purchase which I understand, the screenshots also look exactly like what
> GnuCash shows me. However, in "11.4.2. Purchasing foreign stocks" - the
> part I'm interested in - the screenshots now show a "Chart of Accounts"
> instead of "Accounts" with different columns than what I have.
>
> Ignoring the screenshots - from the text alone I'm not able to understand
> how to best record a purchase - here's my exact situation (fictional
> values):
>
> My default currency is EUR, but I have 1000 shares of the William Hill
> Stock (WMH.L) which is quoted in GBP, not EUR. I now have added an extra
> sub-account in Equity:Opening Balances which also uses GBP, to track where
> the stocks came from (I've only just started using GnuCash and I've had the
> stock for a while). I've already created the security for the WMH.L stock
> and I'm able to fetch its current price via the price editor. What I would
> like to have in my overview is the approximate current value of my shares
> in EUR (calculated by the current stock price and the current EUR to GBP
> exchange rate. Is this possible?
>
> Thanks for the help - best regards,
> Roman Decker
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