On 9/20/2024 12:26 PM, Murugan Mariappan wrote:
If you want to register and track non standard ISO currency , create it as a security and register and track.
I was assuming that what was wanted was full accounting in this other unit of exchange. The fact that "rules" might make it not exchangeable with any ISO currency does not make it "non-currency" to the people/group who are using it in some sort of exchange. Keep in mind that we tend to think of our real money as being universally exchangeable but our society ALSO has rules << think of things you are NOT allowed to buy/sell for money -- easier that way, because by our rules most things can be >>
Let's say the folks of Yap, having cell phones and computers these days, wanted to have an accounting system for rai (those big stones often called "Yap money". Instead of depending on memory, who owns what part of which rai. These shares of a rai are used only for some specialized transaction (important social transactions, such as marriage, inheritance <https://en.wikipedia.org/wiki/Inheritance>, political deals, sign of an alliance, ransom <https://en.wikipedia.org/wiki/Ransom> of the battle dead, etc,). In Yap society you CAN'T use ordinary money for those social transactions, nor can you buy a share of a rai for ordinary money.
Michael D Novack _______________________________________________ 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.
