Unrealized loss

John Ralls jralls at ceridwen.us
Sun Apr 1 09:34:43 EDT 2018



> On Apr 1, 2018, at 5:13 AM, cageda at free.fr wrote:
> 
> 
> Hello.
> 
> I have have had an "unrealized loss" showing on my balance sheet for years. I haven't bothered too much as the amount is extremely small. (€7.70).
> 
> I had kind advice on this forum as to identify the date on which the loss showed up and the procedure to cancel it. I did find the date but stangely not the transaction. So I'm not going to keep trying to cancel the loss any longer.
> 
> I read that, without actually "cancelling" the loss, it is possible to prevent it from showing. I know that this is not legal for a company, but my book keeping is fully personal so I'd like to know the procedure.

“Cancelling” isn’t really the right term. You need to record the loss as either expense or negative income depending on how you handle capital gains. There’s an explanation of how to do this in https://www.gnucash.org/docs/v2.6/C/gnucash-guide/invest-sell1.html <https://www.gnucash.org/docs/v2.6/C/gnucash-guide/invest-sell1.html>.

Regards,
John Ralls



More information about the gnucash-user mailing list