[GNC] What is Unrealized Losses/Gain in Balance Sheet Report ?

[Frank H. Ellenberger]

I forgot to mention, there is a glossary in the docs:
https://www.gnucash.org/docs/v3/C/gnucash-guide/gnc-gloss.html

More details are in
https://www.gnucash.org/docs/v3/C/gnucash-guide/chapter_invest.html and
https://www.gnucash.org/docs/v3/C/gnucash-guide/chapter_dep.html

Am 08.04.20 um 10:22 schrieb Frank H. Ellenberger:
> Hi Long,
> 
> Am 08.04.20 um 08:05 schrieb Long:
>> And everytime my currency rate changed, i changed it in "Price Database".
>> And Balance Sheet report show me Unrealized Losses/Gain on the Equity Tab. I
>> don't understand what it's mean and should i remove it ? and how ?
> 
> Example
> Persons A and B bought each a troy ounce Gold [XAU] this year:
> A @ 100 USD,
> B @ 70 USD,
> Currently it is noted ~90 USD.
> 
> The balance sheet of A will now show 10 USD unrealized losses and
> that of B 20 USD unrealized gains.
> 
> Unrealized means: If you had sold it, when you last queried the quote,
> you would have realized the gain or loss, but you didn't.
> 
> But it helps you to estimate the current market value of your assets.
> 
> To learn, if you have to revalue your assets e.g at the end of the
> financial periode, you should contact your local CPA.
> 
> Regards
> Frank
>