[GNC] Income earned in gold
sunfish62 at yahoo.com
sunfish62 at yahoo.com
Thu Jan 2 15:10:03 EST 2025
Although bitcoin gets handled as a commodity, and not a currency. At least from what I understand at this time.
David T.
On Jan 2, 2025, 7:42 PM, at 7:42 PM, Derek Atkins <derek at ihtfp.com> wrote:
>use currency XAU -- that's what it's for.
>
>-derek
>
>On Thu, January 2, 2025 11:24 am, Fred Tydeman wrote:
>> I have an investment in gold (so many ounces).
>> That investment earns "interest" payable in gold (not USD).
>> When I try to setup a new Income account,
>> the only Namespace offered is Currencies.
>> If I try to add a fake currency of Gold,
>> I do not get the Currencies Namespace.
>>
>> I could guess at the price per ounce of gold at that payable date
>> and record the income as USD.
>>
>> Any better suggestions?
>>
>> The same problem will exist for an investment in Bitcoin
>> that earns interest in Bitcoin.
>>
>> I am running GC 5.9 on Fedora Linux 40.
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>
>
>--
> Derek Atkins 617-623-3745
> derek at ihtfp.com www.ihtfp.com
> Computer and Internet Security Consultant
>
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