I have no other suggestion. "USER CURRENCIES" would be explicit enough. A couple could be set up as defaults, such as some of the e-currencies, precious metals, the ithaca hour (which BTW would not fit in any other account model as it is denominated and backed by hours of labor)...
bruno On Tue, 30 Dec 2003, Derek Atkins wrote: > bruno schwander <[EMAIL PROTECTED]> writes: > > > Yes, I think user-defined currencies would be the solution. When setting > > up an account, the dialog box to choose which currency to use for the > > account has a "Type" drop-box, that only currently shows "CURRENCY". I > > assume another commodity namespace would show up in there ? That seems the > > most logical. > > Yes, that's my initial approach. I imagine them being "CURRENCY" and > "USER CURRENCIES", although if you have a better suggestion for the > latter... > > > bruno > > -derek > > > On Tue, 30 Dec 2003, Derek Atkins wrote: > > > >> Ok, you've got a good point. File a bug report at bugzilla.gnome.org. > >> Should we make another special commodity namespace for "non-ISO > >> currencies" or "user-defined currencies"? > >> > >> -derek > >> > >> bruno schwander <[EMAIL PROTECTED]> writes: > >> > >> > On Wed, 24 Dec 2003, Derek Atkins wrote: > >> > > >> >> Just set up a Stock or Mutual account, which will help you keep track > >> >> of the amount of the commodity in addition to the value of said > >> >> commodity. A stock/mutual account is a type of asset. Why do you > >> >> feel you need an account of type "asset" specifically? > >> > > >> > for the same reason that a checking account is not a stock market account > >> > with dollars traded in it, where you 'sell' and 'buy' dollars; but instead > >> > you use a 'bank' type account. Fees and all transaction are made in the > >> > unit of the account (dollars, deutsche mark, or weight of metal for > >> > example) > >> > > >> > You have never seen metal-denominated bank accounts ? I can tell you it is > >> > common, not just with the e-currencies, and they are NOT stock or trading > >> > accounts. > >> > > >> > This is pretty different from having a stock or mutual account. It is not > >> > different from how national currencies are handled in normal checking/bank > >> > accounts, there is just another unit, a certain weight of metal that > >> > increases or decreases with each transaction. One does not 'buy' and > >> > 'sell' the commodity, there are therefore no buy and sell prices, and one > >> > does not care what those prices are except when some transactions are made > >> > out to a different currency. > >> > > >> > Telling me to use a stock/mutual fund account to represent a > >> > gold-denominated bank account is aking to the following situation: > >> > > >> > Let's imagine that GnuCash is totally US-centric and only manages US > >> > dollars. Someone comes along and wishes GnuCash managed also Indian > >> > rupees. The solution, he is told, is to have a stock account in which he > >> > trades Indian rupees in and out, converting payments and such in US > >> > dollars. > >> > > >> > Does that make sense ? It seems not. The indian guy does not care for US > >> > dollars except for that small USD account that he uses to receive money > >> > his relatives in the US send him. Twice a year he transfers the USD > >> > amounts to his Indian rupees account, but the vast majority of his > >> > transactions are in Indian rupees. > >> > > >> > So that is why I think that metal-denominated 'bank' accounts should be > >> > available in gnucash, just as DM, USD, YEN, and CHF... > >> > > >> > bruno > >> > > >> >> > >> >> -derek > >> >> > >> >> bruno schwander <[EMAIL PROTECTED]> writes: > >> >> > >> >> > Hi, > >> >> > > >> >> > A quick suggestion for the assets accounts, that I think would be a first > >> >> > for an accounting software and very in-line with > >> >> > open-source/alternative/free/privacy etc. mentality of the open-source > >> >> > movement: > >> >> > > >> >> > It should be possible to define an asset account in a different unit than > >> >> > just some national currencies. For example, precious metals. This is > >> >> > probably not very common in the US, but it is possible in some countries > >> >> > to have gold or silver-denominated accounts. Of course balances have to be > >> >> > tracked in terms of mass of the given metal in the account, and a national > >> >> > currency value could be derived from online quotes (just like stocks). > >> >> > > >> >> > This would also make it much easier for those who use precious metals > >> >> > backed e-currencies (e-Gold, etc.) > >> >> > > >> >> > If this can already be managed by some asset/stock account scheme, then > >> >> > I'd be glad id someone can point it out, thanks ! > >> >> > > >> >> > bruno > >> >> > _______________________________________________ > >> >> > gnucash-devel mailing list > >> >> > [EMAIL PROTECTED] > >> >> > http://www.gnucash.org/cgi-bin/mailman/listinfo/gnucash-devel > >> >> > > >> >> > > >> >> > >> >> -- > >> >> 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 > >> >> [EMAIL PROTECTED] PGP key available > >> >> > >> > > >> > > >> > >> -- > >> 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 > >> [EMAIL PROTECTED] PGP key available > >> > > > > > > -- > 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 > [EMAIL PROTECTED] PGP key available > _______________________________________________ gnucash-devel mailing list [EMAIL PROTECTED] http://www.gnucash.org/cgi-bin/mailman/listinfo/gnucash-devel
