[GNC] Gnu Cash / UNrealised Losses in Trial balance

[Derek Atkins]

Hi,

On Tue, November 1, 2022 1:53 pm, Eid Eid wrote:
> HI to all.
> I am getting an amount as Unrealized losses in my trial balance, and this
> is popping up while enot being related to a given registry/account. It
> seems to be generated by the system, and by playing around, I am convinced
> it is related to Difference of Exchange.
> Can someone explain to me what this is, and how to get rid of it?
>
> Thank you,

You buy 10 widgets at $10 each.
You sell 5 widgets at $15 each.

You need to account for that (realized) gain.

Now the widget price increases to $20 each.  That would be unrealized gain..

>
> Eid E. Eid

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-derek

-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant