On Sat, Mar 31, 2018 at 10:58 AM, Martin Blais <[email protected]> wrote:

> You should confirm whether using "date" uses the date prior to that day,
> or on that date if set.
> I think it's the latter, but I can't quite remember exactly.
>
> I checked the query behaviour - it takes the rate on the date itself .
e.g. Simple, 2 rate example
FX rate on 2014-01-17
FX rate on 2014-03-17

Transactions up to 2014-03-16 will use the first rate, transactions after
2014-03-17 will use the second rate.

On Fri, Mar 30, 2018 at 9:35 PM, Hoong-Shen Wong <[email protected]
> > wrote:
>
>>
>>
>> On Fri, Mar 30, 2018 at 6:37 AM, Martin Blais <[email protected]> wrote:
>>
>>> On Wed, Mar 28, 2018 at 11:33 PM, <[email protected]> wrote:
>>>
>>>> In addition I was reading up the industry practice for treatment of
>>>> items on the income statement and came across the following extracted at (
>>>> https://www.accountingtools.com/articles/foreign-currency-t
>>>> ranslation.html):
>>>>
>>>>
>>>>    - *Assets and liabilities*. Translate using the current exchange
>>>>    rate
>>>>    <https://www.accountingtools.com/articles/2017/5/6/exchange-rate> at
>>>>    the balance sheet
>>>>    <https://www.accountingtools.com/articles/2017/5/17/the-balance-sheet> 
>>>> date
>>>>    for assets and liabilities.
>>>>    - *Income statement
>>>>    
>>>> <https://www.accountingtools.com/articles/2017/5/17/the-income-statement> 
>>>> items*.
>>>>    Translate revenues, expenses, gains, and losses using the exchange rate 
>>>> as
>>>>    of the dates when those items were originally recognized.
>>>>
>>>> That makes sense, though for tax purposes, depending on the
>>> jurisdiction, one might have to translate differently, but this sounds like
>>> a good default, recognizing income at the rate at the time of payment and
>>> valuing assets at the latest rate.
>>>
>>>
>>>
>>>> So far I find that:
>>>> - bean-report doesn't support currency conversions
>>>>
>>>
>>> FYI long-term the idea is to replace all those report implementations by
>>> SQL queries embellished as webpages.
>>>
>>>
>>>
>>>> - bean-query support currency conversions only on a per item basis, I
>>>> can't construct a query that gives me the equivalent of the income
>>>> statement entries but based on the exchange rate of the individual
>>>> transaction dates
>>>>
>>>
>>> Doesn't something like this provide useful output:
>>>
>>> beancount> select position, convert(position, "USD", date),
>>> getprice(currency, "USD", date) where currency = "CAD"
>>>
>>>
>>>
>>>
>>
>> Actually the following works very well (your previous statement still
>> gives me individual postings but I need to sum them up to get the total
>> income line):
>> beancount> select sum(convert(position, "USD", date) where accounts ~
>> "Income:*"
>>
>> Thanks a lot!
>>
>> Regards,
>> hoongshen
>>
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