[GNC] Why does an Equity account have to be of Currency type?

[davidcousens49 at gmail.com]

Ken

All accounts have a currency associated with them. When you hold an asset, you
hold it at a value in a particular currency, not as an item of indeterminate
value. You would require an inventory (which GnuCash does not have to hold the
items and in inventory accounting each item still has a value, usually its cost
to either buy or produce which is used to calculate the value of the items held
in the corresponding inventory account. An inventory account would not
dissimilar to a stock account.

David Cosuens

On Sat, 2022-04-23 at 17:46 +0800, km22 wrote:
> Hi,
> 
> I am starting a new Gnucash file for a simple "mock" trust.  The trust
> holds physical assets (like stamps and coins and other collectibles).  I
> want to represent the contributions to this trust in the form of these
> assets.  However, when I try to create new Equity accounts for the
> contributions it only allows me to use "Currency" type assets.  I don't
> understand why Gnucash would force this limitation.  Why wouldn't a user
> be allowed to use any asset type they wish (stocks, bitcoin,
> collectables) and not solely the ISO cash types?
> 
> A screenshot of the issue is attached.
> 
> Thanks,
> 
> Ken
> 
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