[GNC] Gnu Cash / UNrealised Losses in Trial balance

[Eid Eid]

Thank you, 

In my case, this seems to be related to the EUR/USD rate. 
When I print a trial Balance, and I change which rate to use "Nearest in time, Last recorded price, etc.." this figure (UNrealised losses) is changing. I do not have inventory. 

So I feel this is "Difference of Exchange" . Is my understanding correct?

Thanks, 

EE


-----Original Message-----
From: Derek Atkins <derek at ihtfp.com> 
Sent: Tuesday, November 1, 2022 8:16 PM
To: Eid Eid <eideid at ideko-lb.com>
Cc: Gnucash Users <gnucash-user at gnucash.org>
Subject: Re: [GNC] Gnu Cash / UNrealised Losses in Trial balance

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

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

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