[GNC] Balance Sheet - Currency Conversion

[Danilo Freitas da Costa]

Hi John,

The fact is the transaction in the specific date was already done. It means
I already have the money in my account in my currency.

Thus, right price is that registered on transaction.


On Sat, Aug 3, 2019, 12:38 John Ralls <jralls at ceridwen.us> wrote:

>
>
> > On Aug 2, 2019, at 5:48 PM, Danilo Freitas da Costa <danfcosta at gmail.com>
> wrote:
> >
> > Hi, @ll!
> >
> > I'm facing a strange issue or misunderstanding, using different
> currencies.
> >
> > For simplification, I have an account tree like this:
> >
> > Asset
> > Asset : Account-1 (BRL)
> > Income
> > Income : Income-1 (USD)
> >
> > My default currency is BRL.
> >
> > Steps (example):
> >
> > 1. Add an income on 07/Jun/2019 and provide the currency quotation on
> this
> > date.
> > 2. Generate Balance Sheet report until 30/06/2019
> >
> > Until now, everything is OK. The conversion sounds good.
> >
> > 3. Add a new income on 05/Jul/2019 and provide the currency quotation on
> > this date.
> > 4. Generate Balance Sheet report until 30/06/201.
> >
> > Now, the report Balance Sheet uses the most recent quotation not the
> > quotation on 07/jun. As well, the total of "Assets" and "Liabilities and
> > Equity" doesn't match.
> >
> > Is there any way to use this entries and provide a balance sheet with the
> > the correct value?
>
> Why is the price on 7 June more correct than the one on 5 July for a
> report dated 30 June?
>
> That aside, try setting the price source to "Average Cost". If it's still
> out of balance then you probably have unaccounted-for trading gains or
> losses. The trial balance report, run for different days, can help track
> down the dates of the transactions with the gains.
>
> Regards,
> John Ralls
>
>