For me, since my salary, bank, and credit cards are in USD, even when I spend EUR or CAN or AUS, I normally wait until the credit card expense shows up in USD and enter the USD value. Often, I will put the actual local expense on the 2nd line (I don't remember if that is called Description or Memo in Gnucash).
I said that to say that I think the proposal would generally be useful only if you actually have bank accounts, credit cards in multiple currencies. On Tue, Oct 18, 2022 at 4:19 PM David Carlson <david.carlson....@gmail.com> wrote: > This is interesting and it might be an optional configuration for the > automatic account creation wizard, but not for most users who use a single > currency in their accounting. Also, this is not the usual place to propose > enhancements, but it would be a good place to refine a concept prior to > making an actual proposal. > > What do others think? > > On Tue, Oct 18, 2022 at 3:54 PM Anton Tsyganenko < > anton-tsygane...@yandex.ru> > wrote: > > > Let's take a look on accounts that are created in gnucash by default. > > Generally most of the accounts may be multi-currency, i. e. not bond to > > a specific currency: you may have cash in multiple currencies, your > > opening balances may be in multiple currencies, you may have incomes and > > expenses in multiple currencies. Bank accounts generally have only one > > currency, but there are some banks that offer multi-currency cards and > > deposits. These surely can be considered as just a few different > > accounts, but it may be more convenient to group them together.Now I > > solve that by creating sub-accounts for each currency I need for each > > account where I need it. It looks like: > > Expenses:Dining:USD > > Expenses:Dining:EUR > > Expenses:Dining:CAD > > Expenses:Transport:USD > > Expenses:Transport:EUR > > Expenses:Transport:CAD > > > > It's very painful to create all of them. I know that I may have only one > > account in my _main_ currency, but I prefer all currencies to be equal > > and not perform redundant currency conversions, for example when I spend > > CAD cash for dining in Canada. > > > > So my proposal is: > > > > All accounts that user creates are "multi-currency", like placeholder > > accounts without any specific currency. Sub-accounts for each currency > > are created automatically, when the first operation in this currency in > > this account is made. If a multi-currency account is deleted and > > operations are moved to another account, operations in all the > > subaccounts are moved to the corresponding subaccounts of the second > > account. Balances can be shown as a sum of (non-null) amounts in > > different currencies (but sometimes can be converted to one currency). > > In a multi-currency account's view (basic ledger) there should be just > > an additional column -- currency of an operation (editable as a > > drop-down menu). So user opens account "cash" and sees something like: > > > > Date | Description | Transfer | Debit | Credit | Currency | Balance > > > > 2022-10-18 | Dinner in a restaurant | Expenses:Dining | | 25 | EUR | 100 > > USD + 55 EUR > > > > That operation is a transfer of 25 EUR from Assets:Cash:EUR to > > Expenses:Dining:EUR. > > > > I would be happy to discuss the concept. > > _______________________________________________ > > gnucash-user mailing list > > gnucash-user@gnucash.org > > To update your subscription preferences or to unsubscribe: > > https://lists.gnucash.org/mailman/listinfo/gnucash-user > > ----- > > Please remember to CC this list on all your replies. > > You can do this by using Reply-To-List or Reply-All. > > > > > -- > David Carlson > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8 _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
