[GNC] How to Realized Gain/Loss when turned on trading account ?

Hello, I had read a lot of topic about this, And there are still no ways to do that follow Selinger guide : Transfer amount from "Income" to "Trading". i've tried, GnuCash 3.9 will add that value into "imbalance", You can't touch Trading account. Do you have any ideas ? Regards. -- Sent from:

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Long Selinger's guide is not specifically a guide to doing things in GnuCash but a general discussion of the accounting approaches that can be used. Which specific section of Selinger's guide are you referring to - which section which table and which line in the table. There isn't AFAIK any info

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Hello, I'm talking about table 5.1. That practice very clear that to record the realized, you need to transfer that realized amount to trading account. But you can't in GnuCash. Regards. -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

You can't transfer amount to "Trading Account" Because when you do that, The amount auto transferring to "imbalance" account instead of "Trading Accounts" -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html ___ gnucash-user ma

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Long I have tried experimenting with the trading accounts. I confess to finding the whole currency exchange dialog totally confusing along with the random Imbalance amounts which are intoduced which you somehow have to get back to zero. I am going to have to play and experiment a lot more when I

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

You don’t touch the trading accounts directly. Just make your transactions between your normal accounts. GnuCash will add splits for each currency in your transaction to make it balance. Regards, Adrien > On Apr 11, 2020 w15d102, at 12:51 AM, Long > wrote: > > You can't transfer amount to "T

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

David, I’ve seen that problem if you try to fetch rates or let GnuCash use a rate from the price db when you know both the debit and credit in each currency to be exact. Let’s take the example of purchasing an ounce of silver from a coin dealer for $17.34: Dr. Assets:Precious Metals:Silver

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Long I found that setting up the transfers makes a lot more sense using the toolbar Transfer icon or the Menu->Actions->Transfer as you are more easily able to setup the debits, credits and the accounts and the exchange rate seems to work a bit more naturally and uses a different dialog I was th

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

David Cousens, 1 - Trading Accounts only show in the Balance Sheet, I tried to create Income Statement Report, And there are no Accounts named "Realized Gains or Loss" like you said. You should create a new file, and using the new version GnuCash (newest version is 3.9). 2 - Like i said, There ar

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Long, Balance Sheet and Income Statement are attached for a simple test which involved a currencytransfer of 100 AUD to a USD account and then a transfer back from the USD account to the AUD with a different exchange rate that created a loss of 0.26 using trading accounts to record. I used the men

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Please, can you upload your .gnucash file here. It's more clearly for me if i watch ledge journal. -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subs

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

I tried, but there are no ways to have like your result. 1 - i check "trading account" 2 - transfer with "Ctrl+T" like you said 3 - i transferred from VND to USD. 4 - then get back VND from USD => Balance Sheet will show me LOSS if the amount i get back are smaller. => Income Statement Report show

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

The Income Statement will not show Unrealized Gains or Losses. The net total at the bottom of the Income Statement is that period’s net realized gain or loss across the entire book. Regards, Adrien > On Apr 12, 2020 w16d103, at 4:09 AM, Long wrote: > > I tried, but there are no ways to have l

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Hi Long, Test_trading.gnucash David - David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html ___ gnucash-user mailing list gnucash-u

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Hi Adrien, But it does include the gains and losses from the trading account as realized gains and losses and in this case they also appear in the Balance Sheet in this case as Trading Losses. The Imbalance AUD of -0.26 resulted because i tried to create a Realized gains Transaction from the trad

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Long, The original balance sheet screen shot was taken with an attempt to transfer the AUD trading account Balance to a REALIXED GAINS Income account. It was at that point I realized that transactions to and from the trading accounts are blocked. I then forgot to delete it before taking the screen

Re: [GNC] How to Realized Gain/Loss when turned on trading account ?

Although the Trading Accounts section and total are selected to be included by default, the accounts are not. When I run an Income Statement, they do not appear and are not included in my bottom line Profit/Loss net. If I want them to appear, I simply select them in the Options > Accounts tab.