[GNC] Income Statement versus Transaction Report

[Steve Butler]

Look on the currency tab if I remember correctly.

On Wed, Jul 19, 2023, 20:25 David Cousens <davidcousens49 at gmail.com> wrote:

> Fred,
>
> You may need to look at the report options for the transaction report to
> ensure
> they match the settings used for the income statement report particularly
> the
> setting for beginning and end dates and the account settings.
>
> David Cousens
>
> On Wed, 2023-07-19 at 19:26 -0700, Fred Tydeman wrote:
> > In looking at Income Statement versus Transaction Report for just
> > Income accounts for all of last year, the numbers do not match.
> >
> > My main currency is USD.  However, for this file, all the income
> > was in COP.  Now, during the year the number of COP / USD varied
> > a lot: from around 3748 to 4846; year end was 4846.
> >
> > For Report Options, I am picking:
> >    Commodities: Price Source: Last up through report date.
> >
> > It appears that the Income Statement sums up all the COP
> > for the year and uses the year end COP/USD value.
> >
> > While the Transaction Report uses the month end COP/USD value
> > for the transactions in that month.
> >
> > I believe that the US tax people want foreign transaction values
> > converted to USD at the time of the transaction (not use the
> > year end COP/USD value).  So, I think the Transaction Report
> > has the correct values.
> >
> > Is there a way to have the Income Statement use values like the
> > Transaction Report?
> > _______________________________________________
> > gnucash-user mailing list
> > gnucash-user at gnucash.org
> > To update your subscription preferences or to unsubscribe:
> > https://lists.gnucash.org/mailman/listinfo/gnucash-user
> > -----
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
>
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>