[GNC] How to regularly use two currencies

[Norbert Klein]

How to regularly use two currencies

I would very much appreciate if somebody could help me to solve a problem.

In GnuCash 2.6.19,on a Windows 10 computer, I made the following 
arrangements – but maybe my assumptions were wrong, as I cannot see the 
results I had hope for. I do not have much experience, so I dare to ask 
for advice and help.

I live in Cambodia, where it is usual all over the country to use two 
currencies regularly: the Cambodian Riel, and the US$ (at normally 4000 
Riel per Dollar).

(In Tools, Price Editor, I have set Khmer Riels as the second currency 
in addition to US$.)

I live on a farm, where, among other things, we produce, sell, and buy 
vegetables.

Under Income, I created an account FARM, and under FARM an account SHOP, 
and under shop a Placeholder account VEGETABLES (currency USD). Under 
VEGETABLES I created a VEG$ sub-account for business in US dollars, and 
another sub-account VEGR for business in Riels.

Now I enter all business actions into VEG$ or VEGR, either as Income or 
Charge, according to the currency used.

After some entries, I can see the calculated result (gain or loss) in 
US$ in the Placeholder account VEGETABLES.

I had hoped that the entries in VEGR would be transferred into US$ and 
also be part of the reported results in the placeholder account 
VEGETABLES – but this is not the case.

Now my kind request:

1) please tell me if there is a way to get also the Riel values 
reflected in the Placeholder account above the VEGR; I had assumed that 
this should be possible with Placeholder accounts which are “intended to 
be used for hierarchical organization of accounts” - but maybe not when 
different currencies are involved?

2) please give me advice if all this is wrong – how could I handle our 
situation? Every purchase and sale has to be recorded in one of the two 
currencies.

My hope was to get the overall results in US dollars in this way – and 
the goal remains the same: at the end of he day/week/month, I want to 
know how we did manage – all calculated in US$.

Thanks for any help.

Norbert KLEIN