Dear GnuCash Development Team, I hope this email finds you well. My name is Kevin as an accountant, and I am a GnuCash user who manages multi-currency financial transactions. I appreciate the powerful features GnuCash provides for personal and business finance management. I am writing to propose a feature enhancement for GnuCash: adding support for functional currency amounts in transactions. This feature would allow users to input and view amounts in their functional currency (e.g., a home or base currency) alongside the foreign currency used in the transaction. Additionally, it would ensure compliance with IFRS standards, which require the presentation of financial statements in the functional currency. ________________________________ Use Case and Benefits
1. Simplified Reporting: Users could generate financial reports directly in their functional currency without manually recalculating values for foreign currency transactions. 2. Improved Accuracy: By maintaining the functional currency amounts within the database, exchange rate differences can be calculated more accurately and transparently. 3. Broader Adoption: Supporting functional currency aligns with international accounting standards, making GnuCash more appealing to professional users. ________________________________ Proposed Implementation * Database: Add a new column (e.g., functional_currency_amount) in the splits table to store the converted amount. * User Interface: Allow users to enter the functional currency amount during transaction creation or let the system calculate it using exchange rates. * Reporting: Update built-in reports to include functional currency amounts for financial analysis. ________________________________ I understand that this might be a significant development effort, but I believe it could greatly enhance GnuCash's capabilities. If needed, I would be happy to provide more detailed use cases or assist with testing this feature. Thank you for considering my request. I look forward to hearing your thoughts. Best regards, Kevin _______________________________________________ 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.
