Trading Accounts

[Christopher Lam]

Hi Les

Really interesting question, with a simple and a complicated answer.

Simple answer: I think Trial Balance would differ if you deal with 
multiple currencies or stock (i.e. multiple conversions with differing 
dates and prices).

Complicated answer:

https://www.mathstat.dal.ca/~selinger/accounting/tutorial.html

https://www.mathstat.dal.ca/~selinger/accounting/gnucash.html

C

On 12/02/18 20:41, Les wrote:
> I have a "test" laptop with GC 2.6.17 running the latest Linux Mint.  
> I opened GC and tried using Trading Accounts, did check and repair, 
> noted the totals of assets, liabilities, income and expense before and 
> after.  There was no difference.  I then ran a Income and Expense 
> report for year 2016 (which is the same as my production GC and 
> compared the two.  Again there was no difference in totals between the 
> two GC files.
>
> So, exactly what does Trading Accounts actually do? I noticed that 
> when viewing a stock transaction using auto-split view, there are 
> added lines showing trading: currencies and trading: exchange and 
> stock symbol, that does not appear without trading accounts.
>
> Thanks,
>
> Les
>
>
> On 02/12/2018 04:41 AM, David Carlson wrote:
>> It would be more fun to make a test copy of an existing file! 😁
>>
>> David C
>>
>> On Feb 12, 2018 4:13 AM, "Les" <lelliott5 at gmail.com 
>> <mailto:lelliott5 at gmail.com>> wrote:
>>
>>     Thanks, Adrien, David & Christoph for your replies.  I think
>>     opening a new GC file and testing Trading Accounts is a good idea.
>>
>>     Regards,
>>
>>     Les
>>
>>
>>     On 02/12/2018 01:40 AM, Christoph R wrote:
>>
>>         And run “Actions -> Check & Repair -> Check & Repair All” to
>>         add the needed splits to existing transactions.
>>
>>         Gruß,
>>         Christoph
>>
>>             Am 12.02.2018 um 01:27 schrieb David Carlson
>>             <david.carlson.417 at gmail.com
>>             <mailto:david.carlson.417 at gmail.com>>:
>>
>>             I think that if you want to stop using trading account s
>>             it is difficult to
>>             turn them off.
>>
>>             I would set up a test file to try them on until you decide
>>             whether you like
>>             them.
>>
>>             David  C
>>
>>             On Feb 11, 2018 5:39 PM, "Adrien Monteleone"
>>             <adrien.monteleone at gmail.com
>>             <mailto:adrien.monteleone at gmail.com>>
>>             wrote:
>>
>>                 Yes, you can add trading accounts (or any other
>>                 accounts) as needed to your
>>                 current file.
>>
>>                 Regards,
>>                 Adrien
>>
>>                 On Sun, Feb 11, 2018 at 4:18 PM, Les
>>                 <lelliott5 at gmail.com <mailto:lelliott5 at gmail.com>> 
>> wrote:
>>
>>                     I have been using GC for several years, and
>>                     although I trade stocks, I
>>                     have never used the "Trading Accounts" option.
>>                     Can I just start using
>>
>>                 it,
>>
>>                     or would I need to start a new GC file?
>>
>>                     Thanks,
>>
>>                     Les
>>
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