Been a gnucash user for years and never understood what Most Recent meant. BS w/ most recent shows my accounts to be almost in balance.
Thanks, Keith On Tue, Sep 5, 2017 at 12:04 AM, John Ralls <jra...@ceridwen.us> wrote: > > > > On Sep 4, 2017, at 7:43 PM, Keith Bellairs <ke...@bellairs.org> wrote: > > > > The price editor makes unbalanced entries in my accounts by increasing > (or > > decreasing) the value of securities without the needed balancing entry to > > income. In US tax terms the gain (loss) is an "unrealized" gain (loss) so > > there's no need to pay tax on it, so some people might not want it show > up > > as income. But I would really like it if my trial balance actually > > balanced. > > > > Has anyone looked at this "problem"? > > No, the Price Editor doesn’t do anything at all to your accounts. The > Accounts page shows the value of your securities according to the latest > prices in the price database, but if you look at the account registers > you’ll see that there’s no transaction that reflects price changes. > > When you run reports you can select what price to apply to assets. > “Nearest in time” will generally cause the report to show “book value” with > no unrealized gains or losses; “Most Recent” will price assets at the most > recent price found in the price database. The other two, “Average Cost” and > “Weighted Average” use averages of the prices actually paid for the > non-default-currency assets but average all purchases in different ways. > > If you actually want to book unrealized gains (and unless a > certified/chartered accountant tells you that you do, you don’t) you must > create the transactions yourself. > > Regards, > John Ralls > > _______________________________________________ gnucash-user mailing list gnucash-user@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.