[GNC] Should i create "Equity Account" for each currency I had ?

Long Phamhoanglongvn at outlook.com
Wed Apr 15 15:52:10 EDT 2020


This is a new topic moved from older topic : Because my question is not
clearly. 
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In GnuCash documents - chapter 12 : They created Equity accounts for each
currency in their guide.(More details)

I think, it not good if we follow that, because when the exchange rate
changed, Your both assets and equity accounts will increasing at the same
time, Which mean you never know what going on (Trading Gain or Loss) with
your currency in the Report.

I think we should follow this way : Create Equity Account for only your
"Default currency", If your starting balance (Opening Balance) had multi
currencies, just use "Currency Transfer". By this way, you will know (in the
report) what happen with your currencies (Trading Gain or Loss) in your book
period.

And ... Yes, my question is : My idea is right ?

Thank you for spent your time to helping me.
------------------------------
Thanks to all, who helped me solved my questions when i'm using GnuCash,
special Thanks to David Cousens, Adrien Monteleone-2, they are working very
hard to help GnuCash's Users.



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