[GNC] cryptocurrency with many decimals

[Christian Pinedo Zamalloa]

Yes, perhaps using XLM as the security/currency of Expenses:XLM is the
best approach. I tried it. However I can't set XLM as currency of the
Expenses:XLM account. I defined the XLM under "CCC" (cryptocurrency)
namespace and it seems that in a Expense account I can only select a
national currency under "Currencies" namespace.

Do yo know, what I should have to do? to define XLM under "Currencies"
namespace, or a configuration change.....

Thanks!

El vie., 13 sept. 2019 a las 20:02, John Ralls (<jralls at ceridwen.us>) escribió:
>
>
>
> > On Sep 13, 2019, at 10:40 AM, Christian Pinedo Zamalloa <chr.pinedo at gmail.com> wrote:
> >
> > Hello,
> >
> > I am taking part in the airdrop of Stellar Lumens (XLM) in the keybase
> > application so I received some free XLM cryptocoins that I would like
> > to account with gnucash.
> >
> > The problem I have is the number of decimals. Cryptocurrency uses up
> > to 7 decimals (11,1234567) and the price of the currency is often
> > available with 6 decimals, for example, yesterday's XLM/EUR price was
> > 0.052929 (https://www.investing.com/crypto/stellar/xlm-eur-historical-data?cid=1129224)
> >
> > I configured an stock account in gnucash to track XLM coins: I set the
> > numbers I received with 7 decimals, I enter the price (this is round
> > to 4 decimals) and finally I get the value rounded to only 2 decimals
> > (this is the main problem).
> >
> > The problem I have is that I need to enter very low fees of 0,00002
> > XML @ 0,052929  = 0,000001059 € (from Asset:XML to Expense:XML). So
> > these commissions are rounded to 0 € of value by gnucash and my
> > balance fails because I reduce the number of XML coins for 0 euros.
> >
> > What could I do to face it? Thanks!
>
> You need to change the commodity in your Expense:XML account to XML. Fractions of Euros (and any other real-world currency) smaller than 1/100 simply don't exist.
>
> Regards,
> John Ralls
>


-- 
Christian Pinedo Zamalloa (zako)
PGP keyID: 0xdb577d4ee6ffbd55
PGP Fgprt: A895 7C11 84F6 30B4 4938  32A4 9306 DFD0 CDE4 B542