Thanks David. I'll try the gnucash developers list.
Bill Dika On Mon, May 2, 2022 at 10:54 PM David Carlson <david.carlson....@gmail.com> wrote: > Bill, > > If I recall correctly, one or more of the methods GnuCash uses to > calculate exchange rates for reports is technically not correctly defined , > so it obscures the fact that it is not calculating the expected value. > That is leading to strange results when, for example, one attempts to do a > trial balance. I know very little about accounting so I cannot tell you > details about that. > > Some of the developers can help with some of those issues. Hopefully they > can at least tell you which calculation methods to avoid when you want > accurate results . > > On Mon, May 2, 2022, 9:27 PM Bill Dika <billd...@gmail.com> wrote: > >> Can anyone help me with this? >> >> Do I have to supply more/different information? >> >> I have been using gnucash personally for a couple of years now and would >> like to develop more confidence in the program. >> >> Thank you in advance for your help. >> >> Bill Dika >> >> On Wed, Apr 27, 2022 at 1:42 PM Bill Dika <billd...@gmail.com> wrote: >> >> > My default currency is Canadian dollars. I have some US dollar >> > accounts in my balance sheet. >> > >> > I have an unrealized loss in the equity section of my balance sheet at >> > July 31 2021 of $12.68 and cannot figure out how it was calculated. I >> > also have US dollar accounts expressed in Canadian dollars that I am >> > unable to determine how the translation from US dollars to Canadian >> > dollars occurs. >> > >> > For example I have a US dollar account of $353.75 for Tesla (see >> > us-dollar-accts-in-us-dollars-july-31-2021.png) that shows as $456.22 >> > in Canadian dollars at July 31 2021 (see >> > us-dollar-accts-july-31-2021.png). This is an exchange rate of >> > 1.28966. I am unable to figure out how Gnucash arrives at that rate >> > (see us-dollar-rates-price-database.png). It is not the rate at July >> > 31 2021. It is not the average rate for all rates I have up to July 31 >> > 2021 and it is not the average rate for all rates I have in the price >> > database. >> > >> > Also the $12.68 loss arises from only one change in the US dollar >> > accounts from June 30 2021 to July 31 2021. That is a $524.80 US >> > dollar addition to "Vanguard Intl Equity Total World Stock ETF" (see >> > change-in-us-dollar-acct-july-2021.png). >> > >> > Attached are images of the following: >> > equity-jun-30-2021.png = showing the equity section almost balanced >> > (.01 unrealized gain) (in Canadian dollars) >> > equity-july-31-2021.png = showing the $12.68 unrealized loss (in >> > Canadian dollars) >> > us-dollar-accts-in-us-dollars-jun-30-2021.png = balance sheet accounts >> > (in US dollars) >> > us-dollar-accts-jun-30-2021.png = balance sheet accounts (in Canadian >> > dollars) >> > us-dollar-accts-in-us-dollars-july-31-2021.png = balance sheet >> > accounts (in US dollars) >> > us-dollar-accts-july-31-2021.png = balance sheet accounts (in Canadian >> > dollars) >> > change-in-us-dollar-acct-july-2021.png = shows the only change in the >> > US dollar accounts ($524.80 USD) from June 30 to July 31 2021 (in US >> > dollars) >> > us-dollar-rates-price-database.png = all the US to Canadian exchange >> > rates in my database >> > >> > I am a Canadian CPA and feel quite confident about the accounting in >> > the gnucash file. I have reviewed the journal entries for the period >> > and they all balance. The only thing I can ascertain is that the >> > unrealized loss arises from the US dollar accounts but I cannot figure >> > out how gnucash is calculating it nor can I figure out how gnucash >> > translates US dollars to Canadian dollars for those accounts. >> > >> > I have searched the list but cannot find anything that helps me in my >> > calculation. >> > >> > I am on Arch linux using Gnucash 4.9. >> > >> > Any help would be much appreciated. >> > >> > Thank you. >> > >> > Bill Dika >> > >> _______________________________________________ >> 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. >> > _______________________________________________ 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.
