[GNC] How to record currency exchange loss with Trading Account?

Outlook jctchen at outlook.com
Sun Jan 3 08:27:58 EST 2021


Hi all,

I’m using multiple currency in latest GnuCash with Trading Account enabled.
After reading Peter Selinger’s articles, Tutorial on multiple currency accounting and Multiple currency accounting in GnuCash, I learned much more about Trading Account for multiple currency support.

Trading Account shows that I have currency exchange loss in 2020 and I want to record this loss as an entry before closing book.

The Trading Account is generated automatically by GnuCash and can not be modified.
How should I do the entry for the currency exchange loss with an income/expense account to make a balance for the Trading Account? This is for year 2020, and gains/loss will be recalculated for 2021 after balancing.

Thanks,
Thomas Chen


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