On 4/8/20 12:13 PM, Long wrote: > Hello, > > I have posted a topic about this, but that topic have been spammed. So i > created new one to resolve my question. > > First, i'm not an accounting, and trying to stay away accounting language, > trying to make anything to easier to understand for me, and who have the > same question like me. I urge you to learn at least the fundamentals about book keeping and accounting. > OK, my question is : > ----------- > I have 2 Bank accounts, one for my default currency, and other is USD in > GnuCash. In my real life, i usually buy USD by my VND, Then, I will sell USD > to get VND back. (included gold ... but i just want to talk about USD, it's > the same thing to do in GnuCash). > So, i setup the price database (GnuCash 3.9) for USD, i assume the rate is 1 > USD = 2 VND for first time i bought. So my accounts : > ----------- > Assets: 40 VND > -- VND Bank : 20 VND > -- USD Bank : 10 USD -- 20 VND > Equity : 40 VND > ----------- > Next month, The rate changed : 1USD = 3VND > Assets : 50 VND > -- VND Bank : 20 VND > -- USD Bank : 10 USD -- 30 VND > Equity : 40 VND > ----------- > Ok, the problem here, My Balance Sheet report now show in the equity tab > that had "Unrealized Gain" about 10 VND. > I knew that it's mean the rate of the USD are increasing so my assets are > increasing too. > But, It's also "Unrealized Gain" and not the "Realized Gain" in the report > when i transferred that USD to VND Bank. (Which mean, when USD rate high, i > sell it by transfer that money from USD Bank to VND Bank in GnuCash, of > course in my real life i do the same thing). > My accounts at that time: > Assets: 50 VND > -- VND Bank : 50 VND > -- USD Bank : 0 > Equity : 40VND > ----------- > 1 > - So,i really don't need to care about that "Words" in the Balance Sheet > Report ? > 2 > - If i need to care about it, What should i do to change it from > "Unrealized" to "Realized" (Please give me example for this).
You yourself gave the best example -- when you sell it becomes "realized". Unless your local taxing authority requires otherwise (and check with your local accounting professional -- CPA), you can just ignore that it happens. > ----------- > P/s : I had read documents from GnuCash, and it's look like very hard to > understand for me. And i don't turned on the "Trading account", look like it > is the old way for solving this in the older version of GnuCash. i only > created account with USD currency and setup the price database. > > Thank you so much. Please help me. > Regards. It may help to setup an empty data file and follow the examples in the Concepts Guide. It can be tough to follow in a foreign language. --Steve -- Stephen M Butler, PMP, PSM stephen.m.butle...@gmail.com kg...@arrl.net 253-350-0166 ------------------------------------------- GnuPG Fingerprint: 8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8 _______________________________________________ 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.
