[GNC] How to change "Unrealized Gain/Loss" to "Readlized Gain/Loss" in Balance Sheet ?

[Christopher Lam]

I suggest you read
https://www.mathstat.dal.ca/~selinger/accounting/tutorial.html -- this is
not hard accounting but simply rigorous mathematics. The author studied
this using GnuCash so you'll be in good shape to understand the challenges
of unrealized gains.

On Thu, 9 Apr 2020 at 13:41, Long <Phamhoanglongvn at outlook.com> wrote:

> Hello,
>
> I want to create new topic to write more clearly what i asked. Sorry if
> this
> annoying you. For this topic, i will attach some pictures for more
> information. (This topic created in Nabble website)
>
> First, i will have 2 Bank, VND Bank and USD Bank. and USD Rate is : 1USD =
> 2VND.
> Assets : 40VND
> -- VND : 20VND
> -- USD : 10$ -- 20VND
> Equity: 40VND
> ** Picture:  unrealized-1.png
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-1.png>
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-1.png>
> -----------------------
> And USD Rate is Changed : 1USD = 3VND
> Assets : 50VND
> -- VND : 20VND
> -- USD : 10$ -- 30VND
> Equity: 40VND
> ** Picture:  unrealized-2.png
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-2.png>
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-2.png>
> -----------------------
> I am happy now, I transferred that USD to VND to buy something.
> Assets : 50VND
> -- VND : 50VND
> -- USD : 0
> Equity: 40VND
> **Picture:  unrealized-3-1.png
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-3-1.png>  ,
> unrealized-3-2.png
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-3-2.png>
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-3-1.png>
> <http://gnucash.1415818.n4.nabble.com/file/t378901/unrealized-3-2.png>
> -------------------------
> At this time, i sold out all my USD, like you see in my pictures, But
> Balance Sheet report still show that value are "Unrealized Gains". It's not
> make sense for me, i sold it.
> That what i mean in my older topic, You can do like  GnuCash Documents
> guided you, But it's different, When you record "Income/Expense" for
> "Realized", IN BALANCE SHEET will show that value as " Retained
> earning/loss", Not "Unrealized Gains/Loss" to "Realized Gains/Loss".
> So.. Please help me solve this problems.
> 1 - Can "Unrealized Gains/Loss" change to "Realized Gains/Loss" in Balance
> Sheet Report ?
> 2 - If not, This is not a problem, I just misunderstanding about How
> GnuCash
> works, And i need to stop finding more about this, and use GnuCash normal
> like nothing happen (of course, included forgot about "Unrealized" and
> "Realized" Words).
> 3 - If can, How can i do ?
> ---------------------------------
> More information (you can abort this) :
> 1 - I knew that GnuCash - Chapter 11. Capital Gains ( i remember that They
> talk about a painting) talk about how to "Realized". But it's very
> difference, That Painting not using "Price Database", and When They
> transfer
> "painting" to "money", They should manually do that.
> 2 - I also knew that GnuCash has "Trading Account", which mean each time i
> transferred money from Currency "A" to "B", It will auto split and auto
> create top level account "Trading". And at this time, in Balance Sheet
> Report, it's not show you "Unrealized Gains", It show you "Trading Gains".
> And i have no idea about this, i think it's the same thing, but difference
> "Words" in Report ?
> -----------------------------------
> Thank you so much for spent your time to helping me. Sorry again for
> created
> some topic and annoying you.
> Regards.
>
>
>
> --
> Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html
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