You are on the right track. The unrealized losses probably came from some transaction involving another currency exchange with your primary currency or, as Derek hinted, two or more transactions involving a security or other commodity. You can adjust the date range of the report to narrow down the group of transactions to search for the source of the issue. To eliminate the loss you would need to add a transaction to convert the unrealized loss to a realized loss. Others here can give specific advice once you have found the offending transactions.
On Fri, Nov 4, 2022 at 8:26 AM Eid Eid <eid...@ideko-lb.com> wrote: > Thank you, > > In my case, this seems to be related to the EUR/USD rate. > When I print a trial Balance, and I change which rate to use "Nearest in > time, Last recorded price, etc.." this figure (UNrealised losses) is > changing. I do not have inventory. > > So I feel this is "Difference of Exchange" . Is my understanding correct? > > Thanks, > > EE > > > -----Original Message----- > From: Derek Atkins <de...@ihtfp.com> > Sent: Tuesday, November 1, 2022 8:16 PM > To: Eid Eid <eid...@ideko-lb.com> > Cc: Gnucash Users <gnucash-user@gnucash.org> > Subject: Re: [GNC] Gnu Cash / UNrealised Losses in Trial balance > > Hi, > > On Tue, November 1, 2022 1:53 pm, Eid Eid wrote: > > HI to all. > > I am getting an amount as Unrealized losses in my trial balance, and > > this is popping up while enot being related to a given > > registry/account. It seems to be generated by the system, and by > > playing around, I am convinced it is related to Difference of Exchange. > > Can someone explain to me what this is, and how to get rid of it? > > > > Thank you, > > You buy 10 widgets at $10 each. > You sell 5 widgets at $15 each. > > You need to account for that (realized) gain. > > Now the widget price increases to $20 each. That would be unrealized > gain.. > > > > > Eid E. Eid > > > Please remember to CC this list on all your replies. > > You can do this by using Reply-To-List or Reply-All. > > -derek > > -- > Derek Atkins 617-623-3745 > de...@ihtfp.com www.ihtfp.com > Computer and Internet Security Consultant > > _______________________________________________ > 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.
