[GNC] Strange display of share price

[Boniforti Flavio]

Hi John.
Thanks - you finally identified the cause of my issue.

I'll try to set up my accounts differently, so that I will have both the
"USD Cash" and the "VT" account under a placeholder account which is
denominated in USD.

Thanks,
F.

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Am So., 10. Nov. 2024 um 20:05 Uhr schrieb John Ralls <jralls at ceridwen.us>:

> Flavio,
>
> Your problem is that VT’s parent is IBKR and that’s denominated in CHF.
> GnuCash sets the currency for non-currency accounts using the first parent
> account that’s denominated in a currency. That has a couple of
> consequences, the most significant being that if you start a transaction in
> the VT register it will use CHF as the transaction currency that GnuCash
> will use to balance the transaction, so when you buy in USD you’ll have to
> price both the USD and VT into CHF, but if you start in the USD Cash
> account the transaction currency will be in USD and so VT will be priced in
> USD. Those prices will be reflected in the pricedb  If you use
> Finance::Quote GnuCash will ask it for VT prices in CHF.
>
> That’s not a situation GnuCash handles well. For an excruciatingly long
> discussion see https://bugs.gnucash.org/show_bug.cgi?id=797796. One of
> the commenters on that bug is CDB-Man, a licensed accountant in Canada. He
> explains the formally correct way to account for investments denominated in
> currencies other than the “book” currency.
>
> You’ll have less trouble if you put your non-CHF securities in sub
> accounts denominated in the currencies they trade in, for example a
> USD-Securities account denominated in USD for VT and recreating all of the
> trading transactions so that they’re only in that currency. Make sure to
> get a price for the security’s currency in CHF for the same day so you can
> use the nearest-in-time price source to give reports the best chance of
>  converting things to CHF correctly—note that that doesn’t mean that they
> will. The rollup of values on the Accounts page will always be at the
> latest prices.
>
> Regards,
> John Ralls
>
>
>
> On Nov 10, 2024, at 08:46, Boniforti Flavio <boniforti.f at gmail.com> wrote:
>
> Hi Inma, thanks for your reply.
> Indeed I see now where you got the "VT bought in CHF"! I now tried to buy
> again 1 VT stock and looking at the price database, the new entry is also
> in CHF. What does this depend on? I think this is the first thing I should
> solve. Probably the fact that my VT purchases are registered in CHF, but
> taken from an USD bank account, leads to them not appearing in the "USD
> Cash" account in terms of numbers.
>
> Regarding the screenshot you shared with 4 entries: what accounts are "USD"
> and "VT" there? I don't have these - I do have "Assets:Investments:IBKR:USD
> Cash" and "Assets:Investments:IBKR:VT".
>
> Thanks again for your help,
> F.
>
>
>