Dear GnuCash Users,
I am fairly new here – no coding, just learning to use GnuCash 2.9.16 on
Windows 10.
I live and work in Cambodia, on a farm, where I do some administration
assistance.
In Cambodia, booth the Cambodian Riel (=KHR) and the US$ are legal, and
both are being used everywhere and daily. So for many bookings (in and
out) I have set up the possibility to enter either of the two
currencies. The basic currency for the whole system is set to US$, with
a standard exchange rate of US$1.00 to Khmer Riel = KHR4000.00
For Example (as we buy and sell vegetables):
I set an INCOME account “Vegetables” as a “Placeholder” marked for US$.
I set up two Sub-accounts under it, one in US$ and the other in KHR (and
in both are Expense and Rebate [why is this called “rebate” and not
“income”???] columns).
As it happens, there are vegetables SOLD in US$, and there are
vegetables sold in US$, and I make the entries in the respective
sub-accounts.
And there are vegetables BOUGHT in KHR, and there are vegetables bought
also in KHR, and I make the entries in the respective sub-accounts.
Of course every sale or purchase in Vegetables is also shown (“double
booking” system) in the “US$ Cash in Wallet” or the “KHR Cash in Wallet”
accounts.
Now I thought GnuCash will add up the sub-accounts – one in US$ and the
other, changing the KHR also into US$, and show the sum in the
Placeholder above of the two.
But actually, the placeholder shows only the US$21.00 which were booked
in the US$-Sub-Account, while the KHR2114400 are still only visible in
the KHR-Sub-Account, where they were entered.
I can also change cash US$ to cash KHR, or the other way round, with
ACTIONS and TRANSFER – no problems.
Where/when/how are the Expenses/Incomes in KHR re-calculated and their
exchanged values will be combined with the original US$ entries?
Please help me, I want to learn.
Norbert KLEIN
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