+1 to that

On Sun, Aug 25, 2024, 19:12 Dmitry Kudryavtsev <[email protected]> wrote:

> Thanks. I slept on it and I think it makes sense to create a subcategory
> for expenses in each country, the same way as "Income:US:Salary" and
> "Income:UK:Salary" is shown as an example in the documentation. This allows
> to have proper separation between the two countries. On the other hand, on
> expenses such as travel, I think it makes sense to have on category, such
> as "Expenses:Travel:Flights", that can hold transactions in multiple
> currencies.
>
> On Sunday, August 25, 2024 at 9:39:54 AM UTC+2 [email protected] wrote:
>
>> In my ledger i've let these accounts have multiple currencies and do a
>> conversion in one or the other when reporting / computing balances.
>>
>> On Sat, Aug 24, 2024, 23:41 Dmitry Kudryavtsev <[email protected]> wrote:
>>
>>> Recently I made a relocation. This means I now live with two main
>>> currencies.
>>>
>>> Before relocating, I used currency as a name for the leaf account. So if
>>> I had a bank account BankA that held both EUR and USD, I’d have two account
>>> BankA:EUR and BankA:USD.
>>>
>>> However, since most of my expenses were made from my main currency, I
>>> usually recorded that in that currency, even when traveling, since the bank
>>> usually did the conversion of which I didn’t care. So my income/expense had
>>> one level, let’s say Expenses:Groceries.
>>>
>>> Now I have more than 10 years worth of financial data in my main
>>> currency and I’m wondering how to move forward. I could let Groceries have
>>> expenses in two currencies, but in GnuCash I adopted the currency name as a
>>> leaf for most income/expenses as well, so I’d have Groceries:USD and
>>> Groceries:EUR.
>>>
>>> Is this a good model for starting with beancount, or I should just let
>>> income/expenses contain multiple currencies?
>>>
>>> Thanks!
>>>
>>> --
>>> You received this message because you are subscribed to the Google
>>> Groups "Beancount" group.
>>> To unsubscribe from this group and stop receiving emails from it, send
>>> an email to [email protected].
>>> To view this discussion on the web visit
>>> https://groups.google.com/d/msgid/beancount/CAEzdkV9ZWWVET9FgUQuHBX-%3DnoriruTi6Tu%3DKeTy_O0P1VDhYA%40mail.gmail.com
>>> <https://groups.google.com/d/msgid/beancount/CAEzdkV9ZWWVET9FgUQuHBX-%3DnoriruTi6Tu%3DKeTy_O0P1VDhYA%40mail.gmail.com?utm_medium=email&utm_source=footer>
>>> .
>>>
>> --
> You received this message because you are subscribed to the Google Groups
> "Beancount" group.
> To unsubscribe from this group and stop receiving emails from it, send an
> email to [email protected].
> To view this discussion on the web visit
> https://groups.google.com/d/msgid/beancount/ea5897f1-071a-42b4-b431-7e7a6e4b3639n%40googlegroups.com
> <https://groups.google.com/d/msgid/beancount/ea5897f1-071a-42b4-b431-7e7a6e4b3639n%40googlegroups.com?utm_medium=email&utm_source=footer>
> .
>

-- 
You received this message because you are subscribed to the Google Groups 
"Beancount" group.
To unsubscribe from this group and stop receiving emails from it, send an email 
to [email protected].
To view this discussion on the web visit 
https://groups.google.com/d/msgid/beancount/CAK21%2BhPhWoueS1Cp2RgTeNbjLwZW%3D6j146xkccaHrcdCB-%2BGYQ%40mail.gmail.com.

Reply via email to