Michael or Penny Novack wrote > Accounting is all about information. Maybe if you explained what > information was being kept for it would make more sense retaining both > in one set of books. Note that if there were some restrictions on > conversion, accounts in separate countries subject to such restriction, > I would probably suggest separate books.
The information is being kept for personal finance tracking. I want to be able for example to compare an expense type between different years. I understand your point about needing to keep track of the original currency only if you consider evaluation at other dates, but I still see no drawback in doing so even if I only, currently at least, care about translation at transaction date. I do get the benefit of more convenient transaction entering + keeping data at its purest original form. With expenses it may not be so visible but what about incomes? If my employer pays part of my compensation in forex, should I translate that too? if not, why distinguish between incomes and expenses? Regarding the translation by transaction date: the transaction report mentioned by Christopher Lam was kinda helpful to achieve what I was looking for. It seems to implicitly choose "nearest in time" price source, as I couldn't find a way to change the price source in its options menu. -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ 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.
