[GNC] balance sheet and account equation for Business Accounts

Christopher Lam christopher.lck at gmail.com
Sun Jul 22 08:53:28 EDT 2018


Unfortunately the current balance sheet will compulsorily convert all
amounts to a target currency.

If you're willing to help beta test, a new balsheet is in development at
https://raw.githubusercontent.com/christopherlam/gnucash/maint-balsheet-pnl/gnucash/report/standard-reports/balsheet-pnl.scm
- this one will, by default, not choose a target currency so that your EUR
and USD are counted separately.

C

On 22 July 2018 at 19:18, nor via gnucash-user <gnucash-user at gnucash.org>
wrote:

> I use USD as default and Euro other currency. Separate accounts are created
> for each currency to avoid exchange variations. i.e. all Euro transactions
> are dealt with corresponding account in Euro.
>
> For inter account fund transfer, prevailing exchange rate is considered
> when
> I transfer funds from my USD to Euro account.
>
> For Balance Sheet Report, variables are,
>
> Price Source: Most Recent
> Currency: Default i.e USD
>
> Accounting equation does not hold as per the dates of balance sheet report.
> This is due to the gain/loss w.r.t. exchange rates at various dates.
>
> Need guidance how to take care. This was discussed earlier but w.r.t. stock
> trading in difference currency.
>
> Only inter currency transaction in my case is internal fund transfer within
> my own bank accounts.
>
> nor
>
>
>
>
>
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