On 03/02/23 21:14, Chary Chary wrote:
Dear all,

can somebody explain please in simple terms what is the meaning of *inventory *and *position *in the situation, when no investment is involved and when I only track expenses and incomes in different currencies?

I understand what is *transaction *and *posting*,  but for instance the description in the help of *beanquery *still remains cryptic for me

An Amount is a number with attached a currency (also referred sometimes as commodity).

A Position is an Amount with attached a Cost specification.

A Posting associated an Amount and an optinal Cost ton an Account.

An Inventory is a container for Positions. When you sum Positions (or Amounts) not necessarily all of them are in the same currency / commodity or have the same Cost associated.

I would have guessed that this is explained somewhere in the Beancount documentation, but I would not be able to pinpoint where now.

Cheers,
Dan

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