[GNC] Paying expenses with cryptocurrency

John Ralls jralls at ceridwen.us
Fri Aug 27 18:46:25 EDT 2021



> On Aug 27, 2021, at 10:25 AM, David G. Pickett via gnucash-user <gnucash-user at gnucash.org> wrote:
> 
> I am sure the accountants would not like the idea, but it opens the subject of having different accounts in different currencies.  This seems less revolutionary in an international commerce world, like having a London account in Pounds Sterling.  You could buy with any account in the currency of that account, rather than a book/default currency.  I wonder if that would hide any capital appreciation in the currency, perhaps legally, somewhat like barter?  I guess it would be an enhancement suggestion.

I guess you mean to allow Equity accounts in foreign--meaning not the book's--currencies. You can already have Asset and Liability accounts in any commodity you like.

Legality aside, why would you want to hide trading G/L from yourself? Why go to the trouble of keeping your books in GnuCash if you don't want an accurate model of your financial condition?

Regards,
John Ralls



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