Hi Boniforti/GnuCash, 

What version of GnuCash are you using? What operating system are you
using? https://gnucash.org/download.phtml 

---
Thanks, 

Brad - https://www.facebook.com/brad.morrison.12327/ &
https://norcal.social/@BradMorrison 

On 2024-08-26 11:13, Boniforti Flavio wrote:

> Hi all.
> I'm starting to set up my accounts on GnuCash and I'm actually stuck
> understanding how (or even if) I should add the following.
> I do own a music studio with a collection of vintage instruments. As the
> whole gear is worth quite some k, I thought I'd add it as an asset. So
> first questions here: is it correct? Does it make sense?
> Let's assume I will add it as an asset, the next question is around the
> corner. I buy my gear in two different currencies, thus I would've thought
> to set up two different asset accounts: one in currency A and one in
> currency B. So far so good. Now the (for me) difficult part comes: I also
> sell items of my collection sometimes and when I do, the transaction can be
> in either one of the two currencies I bought them. Assuming I bought an
> item in USD and I sell it in CAD, how would I have to enter this
> transaction in GnuCash?
> 
> As an additional info (maybe irrelevant, but anyways): as of today I
> maintain a spreadsheet with the price I paid for a specific piece of gear,
> including the currency I used. At the same time, I do a currency conversion
> and fill the adjacent column with the converted value (e.g. bought for 1200
> USD I put the equivalent 1630 CAD in the other column).
> 
> Thanks for any help!
> F.
> 
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
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