Thanks Mattia for the explanation, I think I'll keep it as trade between stock and made a final expenses adjustment in local currency.
Thank you On Mon, 23 May 2022, 17:26 Mattia Rizzolo, <mat...@mapreri.org> wrote: > Hi, > > yes, in that example the 50 and the 4M are in local currency. > Expenses (which are fondamentally a type of Equity) in gnucash can only > be defined and valued in a Currency that is recognized by gnucash as > such. > > Realistically, if you are in situation where you want (and can!) treat > cryptos as full currencies, you'll likely be better served by abusing > another random currency in the list of known currencies and treat it as > btc/eth. See: > https://lists.gnucash.org/pipermail/gnucash-user/2022-April/100780.html > (which is a recent thread explaining why equities needs to be valued > with a currency). > > On Sun, May 22, 2022 at 12:55:15AM +0700, Suseno Dermawan wrote: > > Hi Mattia, > > > > Thank you for the explanation. > > > > just a couple question, > > in this example: > > > > Assets:BTC -123 33,123.00 4,074,129 > > Assets:ETH 456 8,934.38 4,074,079 > > Expenses:CryptoFees 50 > > Trading:Crypto:BTC ...... > > Trading:Crypto:ETH ...... > > > > is the value is in local currency (e.g. USD)? and expenses also in local > > currency ? > > because the trading place it charges the expenses in the crypto currency, > > for example. > > if trade BTC to ETH, then the expenses is in ETH, > > if trade from ETH to BTC, the expenses is in BTC. > > > > if this is the case, then the expenses is converted to local currency ? > > > > Thank you > > > > Suseno > > > > > > On Sat, May 21, 2022 at 11:49 PM Mattia Rizzolo <mat...@mapreri.org> > wrote: > > > > > Nothing particularly odd about that. You'll have to do something like: > > > > > > > > > tot shares price tot buy tot sell > > > Assets:BTC -123 > > > Assets:ETH 456 > > > Trading:Crypto:BTC 123 > > > Trading:Crypto:ETH -456 > > > > > > (the Trading: splits should be created automatically, but regardless, > > > that's how it'll look). > > > > > > leave empty the 3 columns on the right, just touch the first column > > > labeled "tot shares"; that column is visible only for "Stock" or > "Mutual > > > fund" kind of accounts, which is what I already expect your accounts to > > > be like. > > > > > > Then again, it might make sense to give value to those shares. If so, > > > you could do this: > > > > > > Assets:BTC -123 33,123.00 4,074,129 > > > Assets:ETH 456 8,934.49 4,074,129 > > > Trading:Crypto:BTC ...... > > > Trading:Crypto:ETH ...... > > > > > > (I made up the values of BTC and ETH here…) > > > > > > > > > This will also make possible to track the relevant fees in doing such > > > transaction: > > > > > > Assets:BTC -123 33,123.00 4,074,129 > > > Assets:ETH 456 8,934.38 4,074,079 > > > Expenses:CryptoFees 50 > > > Trading:Crypto:BTC ...... > > > Trading:Crypto:ETH ...... > > > > > > That most likely make a lot of sense. > > > > > > > > > > > > That's something very commonly done when, for example, mutual funds are > > > merged into each other, redefined, or something else. Or when you > > > instruct your asset management company to switch your investments from > > > one fund to another without cashing out in-between. > > > Something similar is also done when there are stock splitoffs (but it's > > > not exactly the same). > > > > > > > > > BTW, it's not possible to "add btc as a currency type", as the currency > > > types in gnucash are hardcoded and only formal currencies as to defined > > > by ISO 4217. > > > > > > > > > On Fri, May 20, 2022 at 07:10:22AM +0700, Suseno Dermawan wrote: > > > > Hi All, > > > > > > > > I've been wondering, is there a way to trade between 1 crypto token > to > > > > another directly? > > > > My use case as follows: > > > > > > > > Ideally able to trade "btc -> eth" vice versa. > > > > > > > > But for now, I use the registering method as follows: > > > > > > > > "btc -> local currency -> eth" vice versa > > > > Btc sell to local currency, then from local currency buy eth. > > > > > > > > Btw, I use crypto type as FUND. > > > > > > > > With using "btc - local currency - eth" way of registering the > > > transaction, > > > > I found that the loss n gain report is not really accurate. > > > > > > > > Is it possible to have btc to eth directly? I imagine this will need > to > > > add > > > > both btc n eth as a currency type? > > > > > > > > Thanks for your help > > > > > > > > Suseno > > > > _______________________________________________ > > > > 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. > > > > > > -- > > > regards, > > > Mattia Rizzolo > > > > > > GPG Key: 66AE 2B4A FCCF 3F52 DA18 4D18 4B04 3FCD B944 4540 .''`. > > > More about me: https://mapreri.org : :' > : > > > Launchpad user: https://launchpad.net/~mapreri `. `'` > > > Debian QA page: https://qa.debian.org/developer.php?login=mattia `- > > > _______________________________________________ > > > 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. > > > > > -- > regards, > Mattia Rizzolo > > GPG Key: 66AE 2B4A FCCF 3F52 DA18 4D18 4B04 3FCD B944 4540 .''`. > More about me: https://mapreri.org : :' : > Launchpad user: https://launchpad.net/~mapreri `. `'` > Debian QA page: https://qa.debian.org/developer.php?login=mattia `- > _______________________________________________ > 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. 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