[GNC] Foreign Currencies in one account

[D]

If it were me, I'd simply record everything in HUF, unless one of the aforementioned accounts is actually denominated in CAD. 

David

On Jan 27, 2020, 14:50, at 14:50, Marcell Madar <madarmarci at gmail.com> wrote:
>Hello everyone,
>
>Our family has one common GnuCash account in Hungarian Forints (HUF)
>that is
>used to track our Hungarian bank account and the rental property
>related
>transactions. Almost all transactions are recorded in HUF. However, my
>brother exchanged CAD to HUF and put it in the Hungarian account. He
>also
>purchased things in CAD (with credit card) that are rental property
>expenses
>and thus recorded in GnuCash.
>
>Note: My brother wants to get back exactly the same amount of CAD as he
>used
>for rental property expenses or exchanged to HUF. I understand that
>there
>will be a gain/(loss) on exchange and this has to be accounted for.
>
>What is the most effective way to record the transactions so that all
>reports are correctly shown in HUF and that the Balance Sheet is
>actually
>balanced?
>
>Thank you for your help in advance.
>
>Marcell
>
>
>
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