[GNC] Accoount Type Cash

[Michael or Penny Novack]

On 1/19/2025 9:14 AM, Fred Tydeman wrote:
> I am running GnuCash 5.10 on Fedora Linux 41
>
> My Default Currency is USD
>
> I imported from a QIF file some stock transactions.
> I sold some Canada stock from my US brokerage account.
> The money went into a CAD cash account in the brokerage.
> The "dollar" amount in that CAD cash account is wrong.
> If I change the CAD account type from cash to asset,
> then the "dollar" amount is correct.
>
Just a FYI on help I give.

Double entry has three FUNDAMENTAL account types (Asset, Liability, 
Equity) plus two "temporary" account types (Income, Expense -- they are 
of fundamental type Equity) and if accrual basis AR and AP (fundamental 
types Asset and Liability)

Gnucash also makes a number a number of "user friendly" types like cash, 
bank account, credit card, etc.  available. They may or may not be 
useful to you. Or you could just use appropriate account names in your 
CoA with the type being more fundamental. The point I am making as you 
are unlikely to reference to these in accounting books as non-standard. 
I will leave it to others on this list who do use them to answer 
questions about their (mis)behavior.

Michael D Novack