Expenses with multiple currencies

Nathan Buchanan nbinont at gmail.com
Thu Apr 3 00:46:17 EDT 2008 

Building on windows is done as referenced here:
http://wiki.gnucash.org/wiki/Windows#Instructions_for_an_.28almost.29_automated_buildI
would note that there have been a few reports of permissions problems
that
do not occur on windows XP.

As for which files to modify, I'll let someone more knowledgeable answer
that.

Nathan

On Wed, Apr 2, 2008 at 11:42 PM, Youssef Ltaief <ltai0001 at yahoo.com> wrote:

> I have windows vista
> where would I write the code? How can I compile it?
>
> Thanks
> Youssef
>
> ----- Original Message ----
> From: Derek Atkins <warlord at MIT.EDU>
> To: Youssef Ltaief <ltai0001 at yahoo.com>
> Cc: Daniel Carrera <daniel.carrera at zmsl.com>; gnucash-user at gnucash.org
> Sent: Wednesday, April 2, 2008 9:00:11 AM
> Subject: Re: Expenses with multiple currencies
>
> For the Chart of Accounts..  It's in C.
> The Reports are in Scheme.
> Work would need to happen in both languages to fix this issue.
>
> -derek
>
> Youssef Ltaief <ltai0001 at yahoo.com> writes:
>
> > Unfortunately, that is not an option Derek
> > I would like to be able to look at my expenses in both currencies then
> have the parent account total in USD. I see that you identified this as a
> bug so I wasn't missing anything. What programming language do I need to
> learn to help with this?
> > Youssef
> >
> > ----- Original Message ----
> > From: Derek Atkins <warlord at MIT.EDU>
> > To: Daniel Carrera <daniel.carrera at zmsl.com>
> > Cc: gnucash-user at gnucash.org
> > Sent: Monday, March 31, 2008 8:37:38 AM
> > Subject: Re: Expenses with multiple currencies
> >
> > I'd argue it's a bug.  GnuCash really should understand that "income"
> > and "expense" exchanges are permanent (fixed) and should use the
> > actual transactional exchange rate when reporting, whereas the values
> > of Assets and Liabilities can float as the value of the commodity
> > fluctuates.  Unfortunately this means we need to update the way most
> > of the reports work to differentiate between floating commodities and
> > fixed commodities.
> >
> > If anyone wants to get their feet wet with reporting this would
> > be a pretty good way to start, I think.  I dont think it would be
> > a very invasive change (but I could be wrong).
> >
> > -derek
> >
> > Daniel Carrera <daniel.carrera at zmsl.com> writes:
> >
> >> If there's another way to do it I would love to hear it. I don't know
> >> about the OP, but in my case I'm not sure that this idea would work
> >> well. My expenses have been about half in CAD and half EUR. I also have
> >> a good portion in GBP.
> >>
> >> Worse yet: I am in Germany, so my choice of base currency should be
> EUR.
> >> But in a couple of years I'll move to Canada, and my choice of base
> >> currency will become CAD. Switching all the transactions I've done in a
> >> 3 year period to use another currency would be a lot of trouble.
> >>
> >> So var I've been keeping the expenses separate and just accepted that I
> >> can't track them well. I would love it if I had a way to use historical
> >> exchange rates to get a proper picture of my expenses, my assets and
> >> liabilities.
> >>
> >> Cheers,
> >> Daniel.
> >>
> >> Derek Atkins wrote:
> >>> Hi,
> >>>
> >>> My suggestion is to compute the exchange rate when you enter the
> >>> transaction and just report it as a USD expense.  E.g.:
> >>>
> >>>   Assets:Bank:Bank 2 (EUR)         100?
> >>>   Expenses:Bank Charges:Bank 2              $221.47
> >>>
> >>> This will probably be the easier way to do it.
> >>>
> >>> -derek
> >>>
> >>> Quoting Youssef Ltaief <ltai0001 at yahoo.com>:
> >>>
> >>>> Hi,
> >>>> I checked the archive but couldn't find a clear answer to following
> >>>> situation:
> >>>> I have two bank accounts in two different countries with two
> >>>> different currencies (USD and EUR)
> >>>> I have bank expense charges on these two accounts that I get from my
> >>>> statements.
> >>>> I currently have the following setup:
> >>>>
> >>>> Expenses
> >>>> Expenses:Bank charges (USD)
> >>>> Expenses:Bank charges:Bank 1 (USD)
> >>>> Expenses:Bank charges:Bank 2 (EUR)
> >>>>
> >>>> The problem here is that the total on "Bank Charges" and subsequently
> >>>> "Expenses" is in USD and adjusted according to the current exchange
> >>>> rate which is not correct since the EUR charges were incurred in the
> >>>> past.
> >>>>
> >>>> Should I go with a set up where I separate the Top expense accounts
> >>>> like this instead:
> >>>>
> >>>> Expenses (USD)
> >>>> Expenses:Bank charges (USD)
> >>>> Expenses:Bank charges:Bank 1 (USD)
> >>>>
> >>>> Expenses (EUR)
> >>>> Expenses:Bank charges (EUR)
> >>>> Expenses:Bank charges:Bank 2 (EUR)
> >>>>
> >>>> Suggestions are appreciated
> >>>> Youssef
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>
> >>>>
> ____________________________________________________________________________________
> >>>> Never miss a thing.  Make Yahoo your home page.
> >>>> http://www.yahoo.com/r/hs
> >>>> _______________________________________________
> >>>> gnucash-user mailing list
> >>>> gnucash-user at gnucash.org
> >>>> 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.
> >>>>
> >>>
> >>>
> >>>
> >>
> >> _______________________________________________
> >> gnucash-user mailing list
> >> gnucash-user at gnucash.org
> >> 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.
> >>
> >>
> >
> > --
> >        Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
> >        Member, MIT Student Information Processing Board  (SIPB)
> >        URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
> >        warlord at MIT.EDU                        PGP key available
> > _______________________________________________
> > gnucash-user mailing list
> > gnucash-user at gnucash.org
> > 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.
> >
> >
> >
> >
> >
> >
> ____________________________________________________________________________________
> > You rock. That's why Blockbuster's offering you one month of Blockbuster
> Total Access, No Cost.
> > http://tc.deals.yahoo.com/tc/blockbuster/text5.com
> >
> >
>
> --
>       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
>       Member, MIT Student Information Processing Board  (SIPB)
>       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
>       warlord at MIT.EDU                        PGP key available
>
>
>
>
>
>
>  ____________________________________________________________________________________
> You rock. That's why Blockbuster's offering you one month of Blockbuster
> Total Access, No Cost.
> http://tc.deals.yahoo.com/tc/blockbuster/text5.com
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> 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.
>



-- 
<><><><><><><><><><><><><><><>
"Even if you are on the right track, you'll get run over if you just sit
there" - Will Rogers

More information about the gnucash-user mailing list