My understanding is that the controlling factor is the currency of the parent, not where you enter the transaction. But I could be mistaken.
The tree organization is really user dependent. I think the Guide uses a slightly different organization where bank/brokerage lies below <investment type> with a separate <bank-xxx> per currency, that would eliminate one nesting level, but may not be to your liking or use case. So the result would be: Assets - <current assets if you also track fixed> - Investments - <investment type> - <bank-currency> - <security> You could also do the following: Assets - <current assets if you also track fixed> - Investments - <bank> - <investment type-currency> - <security> But neither may feel or look as clean as using a currency level by itself. Regards, Adrien > On Feb 11, 2020 w7d42, at 3:52 AM, rsbrux via gnucash-user > <gnucash-user@gnucash.org> wrote: > > It was probabably due to my placing the securities accounts under accounts in > CHF and entering the first transactions in the securities accounts instead of > in the associated accounts for purchase & sale (see my reply to John Rails). > Stock quotes retrieved from Yahoo as json do show the correct currency, but > my AUD investments have been in bonds and ETFs, for which I haven't found any > online quote sources, The price editor does in fact have a currency > settting, however, it doesn't have any effect on prices which were taken from > transactions. I can edit such a price and change the currency in the dialog, > but when I click "Apply" and "Close", nothing is changed. Going through the > price database has uncovered several other cases where securities > transactions were entered with incorrect currencies. To prevent future > occurences I have now inserted additonal account levels for currencies where > they were previously missing, even though the resulting account structure is > even unwieldie r than before: > > Assets - Investments - <bank> - <investment type> - <currency> - <security> > > where <investment type is one of bond, fund or stock. Perhaps I should > dispense with the <investment type> level. > > I did find one price in CHF for a security under a GBP account, but it is > possible that I had entered the purchase transaction before introducing the > currency-specific subaccount structure. > > Our tax authorities insist on reporting produced by the banks (which costs us > extra), so the mistakes in my accounting are irrelevant for tax purposes. We > do have a well-versed Swiss tax accountant and don't have to worry about > foreign taxes because they are reported in the bank data and generally > deducted at the origin. > > Unfortunately for us, dividends are taxed as income in Switzerland, unless > they are paid out of corporate reserves as "return of capital". > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
