But question is more general. Let's say I join Robinson Crusoe on a
remote island and we decide our economy will be denominated in silver
coins (of which I had 12 in my pocket when I washed ashore on his
island). If I were to do my accounting in GnuCash I would need to start
with an Opening Balance of 12 coins (my first transaction would need to
be Assets:Coins 12, Equity:Opening Balance 12), Gnucash does not let me
do this. The software will only allow the Equity accounts to be of ISO
currency type. Why not let the user denominate an Equity account in any
asset they like - silver coins if that is what they want?
It DOES allow this if you refuse to accept the magical meaning of "$"
(or any other symbol).
Declare a law on the island, "$ is the symbol for a silver coin". The
fact that other people in other lands understand $ to stand for USD is
irrelevant to island life. You are acting as if it made a difference in
algebra whether you used "X"or "Y" to stand for an unknown variable.
But you are actually wanting something else. You are wanting in one set
of books more than one type of currency at the same time. That gnucash
does not support, but that is more a limitation of accounting than of
gnucash. You CAN be accounting for more than one sort of :currency" at
the same time, but if not exchangeable, not in the same set of books <<
guncash will let you have any number of books >>
Michael D Novack
_______________________________________________
gnucash-user mailing list
[email protected]
To update your subscription preferences or to unsubscribe:
https://lists.gnucash.org/mailman/listinfo/gnucash-user
If you are using Nabble or Gmane, please see
https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
-----
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.
