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

Long Phamhoanglongvn at outlook.com
Wed Apr 15 20:23:48 EDT 2020


David Cousens,

Do you know that : if you created each accounts (equity) for each currencies
you are holding. And when the rate changed, you will never know Gain or Loss
after exchange rate changed, You can create a new file to test it! I had
talking about this in previous comment. 
Example :
Assets : 20 vnd
-Usd : 5$ = 10vnd
-Vnd : 10 vnd
Equity : 20 vnd
-opening :
-- usd : 5$ = 10vnd
-- vnd : 10 vnd
And exchange rate changed.
5$ = 20vnd.
=> assets and equity will have the same value, you will never know  your
trading gains. 
Very clear that create each accounts for each currencies are not the good
idea, I don't believe that people don't want to know Gain/Loss their assets. 
You should create a new file and test first before say something. 




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