Unrealized loss

[Colin Law]

Have you got any price changes on that date?

Colin

On 4 April 2018 at 17:10, <cageda at free.fr> wrote:

> I suspect there is a bug that should be reported:
>
> As I do NOT manage currencies other than EUR and no traders accounts
> taking into account share values, I have deleted all exchanges rates that
> had been updated automatically by GC without my noticing.
> BUT my Unrealized loss on a given day varies according to my setting the
> calculation mode to "average" or "nearest in time" for instance. It doesn's
> seem to make sense since there are NO exchange rates in my system.
>
> Ideas?
> TIA
> Alain
>
>
>
>
> De: "sunfish62" <sunfish62 at yahoo.com>
> À: cageda at free.fr, "John Ralls" <jralls at ceridwen.us>
> Cc: "gnucash-user" <gnucash-user at gnucash.org>
> Envoyé: Lundi 2 Avril 2018 14:52:46
> Objet: Re: Unrealized loss
>
> Alain,
>
> Your new transaction is balanced, and won't affect the imbalance in
> another transaction.
>
> I personally find the unrealized gains issue to be exceedingly difficult
> to understand. Since you say you don't care about this, just ignore it.
>
> David T
>
>
>
>
> On Mon, Apr 2, 2018 at 17:02, cageda at free.fr
> <cageda at free.fr> wrote:
>
>
>
> De: [ mailto:cageda at free.fr | cageda at free.fr ]
> À: "John Ralls" < [ mailto:jralls at ceridwen.us | jralls at ceridwen.us ] >
> Cc: "gnucash-user" < [ mailto:gnucash-user at gnucash.org |
> gnucash-user at gnucash.org ] >
> Envoyé: Lundi 2 Avril 2018 13:51:03
> Objet: Re: Unrealized loss
>
>
>
>
> De: "John Ralls" < [ mailto:jralls at ceridwen.us | jralls at ceridwen.us ] >
> À: [ mailto:cageda at free.fr | cageda at free.fr ]
> Cc: "gnucash-user" < [ mailto:gnucash-user at gnucash.org |
> gnucash-user at gnucash.org ] >
> Envoyé: Dimanche 1 Avril 2018 15:34:43
> Objet: Re: Unrealized loss
>
>
>
>
>
>
> On Apr 1, 2018, at 5:13 AM, [ mailto: [ mailto:cageda at free.fr |
> cageda at free.fr ] | [ mailto:cageda at free.fr | 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  ] |
> [ 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
>
>
>
> I have identified the day on which the unrealized lossed first appeared. I
> have drawn a transaction report for that day (and the day before). There is
> no transaction that can remotely explain the loss.
> I do not handle foreign currencies. Regarding shares I do not use trader
> accounts or split transactions including profits or losses. I do not enter
> share values into GC until the day I sell them. There is no way in the
> meantime GC can take into account a difference in value.
>
> Something might help identify where the problem comes from: I had another
> instance with an unrealized loss as big as my total yearly income. It went
> away a few weeks (or months I'm not sure) after it showed up. There is no
> way a single transaction (or even a few ) on a particular day triggered an
> unrealized loss as big as my yearly income.
>
> What I would like at this stage is simply set GC NOT to SHOW unrealized
> losses/gains. No legal problem as I'm only managing my personal
> familyaccounts.
>
> TIA for you help
> Regards
> Alain
>
>
> I tried the following:
> C an equity account "Unrealized loss" : EUR 7.70
> D an income account "Realized loss" : EUR 7.70
> The total Equity remained the same - 7.70
> I changed the signs and the total equity remained at - 7.70
> I don't get it.
>
> TIA
> Alain
>
>
>
>
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