Big step for my comprehension. Thank you @Pranesh On Sunday, February 13, 2022 at 1:17:41 PM UTC+1 [email protected] wrote:
> Dear Pierre, > I just today saw this discussion. I made the change to the wiki, and would > like to explain the change. > > Multiple functions are served by commodity/currency trading accounts: > > 1. They enable the trial balance to be "0", regardless of the commodity > which you use (with `-X`) > 2. They act as a store of unrealized gains, when prices are changed using > price directives. > > Function 1 will be served regardless of the naming pattern of the > commodity trading accounts. > > However, for fully realizing Function 2, the naming convention makes a > difference. Depending on the naming pattern, you can either find out your > total unrealized gains (for instance, from all your stocks, etc., taken > together), or you can find out unrealized gains from each commodity pair > (for instance, the gain for each stock separately). > > If you want more granular reporting of unrealized gains, having a "parent" > sub-account where both commodities in a commodity pair are represented is > important. Without that, you can't get a single account balance to tell you > the gain/loss: you'll need the balance of two accounts. > > So using `Equity:Trading:AUD-EUR:AUD` and `Equity:Trading:AUD-EUR:EUR` > will allow you to see the unrealized gains for the AUD-EUR pair by running > `ledger bal Equity:Trading;AUD-EUR -X EUR` which, if you use > `Equity:Trading:AUD:EUR` and `Equity:Trading:EUR:AUD` will need two > separate accounts to be mentioned: `ledger bal Equity:Trading:AUD:EUR > Equity:Trading:EUR:AUD -X EUR`. > > Now, if you have multiple commodity pairs, and want a tree view, then the > `AUD:EUR` / `EUR:AUD` naming pattern makes it very difficult. Whereas with > `--depth`, getting unrealized gains for multiple commodity pairs is very > easy if you use the `:COMM1-COMM2:` naming pattern. Of course, you need to > be consistent in which of the two commodities you use as "COMM1". I tend > to think of a single currency as the "base" currency in the transaction, > and use that as "COMM1". You could also just go by alphabetical order. > > I hope that helps. In case it is still not clear, try constructing an > example journal with multiple commodities (at least 3) in both styles and > play around with the reports. That ought to help. > > Cheers, > Pranesh > > > On Friday, 31 December, 2021 at 11:55:40 pm UTC+5:30 Pierre Bastoul wrote: > >> Thank you guys for that 2 tools. I will try to understand them. >> >> On Friday, December 31, 2021 at 12:35:48 AM UTC+1 d10 wrote: >> >>> On Wednesday, December 29, 2021 at 12:51:22 PM UTC-5 Pierre wrote: >>> >>>> Hello, >>>> >>>> I'm working on tracking my cryptocurrencies trades with ledger-cli as >>>> described in the "Multiple currencies with currency trading accounts >>>> <https://github.com/ledger/ledger/wiki/Multiple-currencies-with-currency-trading-accounts>" >>>> wiki >>>> page. >>>> >>>> >>> Check out lotter, https://src.d10.dev/lotter. It's goal is to let you >>> express your trades in ledger-cli and calculate cost basis for you. >>> >>> >> -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/ledger-cli/e6778bbc-15b3-4d29-847e-863c0a9affe1n%40googlegroups.com.
