[GNC] balance sheet and account equation for Business Accounts

[Stephen M. Butler]

On 07/25/2018 09:13 AM, nor via gnucash-user wrote:
> I have separate income accounts for USD and Euro transactions. When the need
> arises than only funds from Euro is converted to default USD account held at
> the bank at the prevailing exchange rate. 
>
> balance sheet report is with exchange rates at balance sheet report date.
> May be these exchange rate variations are not automatically accounts as
> gain/loss in B/L report.
>
> nor
>

You need to enable trading accounts and follow the setup described at
https://wiki.gnucash.org/wiki/Trading_Accounts
Please read the two articles it mentions at the top.  Essentially
foreign exchange rate changes act like stock price fluctuations.

--Steve

-- 
Stephen M Butler, PMP, PSM
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
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