> Here, I don't follow you. (Maybe I don't understand what an "income > statement-like" report is?) > > Ok, I am not an accountant, so am expressing this from my personal point of view and personal needs
There are 2 financial reports, which are linked to each other Balance sheet https://en.wikipedia.org/wiki/Balance_sheet It effectively lists Assets and Liabilities. The difference between them shows your net worth. It shows how much you have at a specific moment in time. Since ledger does not have explicit special Balance Sheet report, one can produce something like this by running: ledger -f ledger.txt bal Assets Liabilities Income Statement https://en.wikipedia.org/wiki/Income_statement It shows changes to your finance over period of time. Changes happen due to expenses and incomes. Difference between them shows how much you lost or gained over a period of time. Since ledger does not have explicit special Income statement report, to produce an equivalent report one would need to do: ledger -f ledger.txt bal Income Expenses Now, if one does not do investment and uses only single currency, Income Statement, when run over period of time will show you exactly where the difference between 2 balance sheet reports came from. In another words: Starting Balance Sheet Net Worth + Income statement Net Gain/ Loss = Closing Balance Sheet Net Worth However if you deal with different commodities, this will not work. (See my original example). There is however another report for this. In Financial world it is called *Statement of Comprehensive Income* https://www.investopedia.com/terms/c/comprehensiveincome.asp *Comprehensive income includes net income and unrealized income, such as unrealized gains/losses on hedge/derivative financial instruments and foreign currency transaction gains/losses. Comprehensive income provides a holistic view of a company's income not fully captured on the income statement.* Here is example https://www.myaccountingcourse.com/financial-statements/images/other-comprehensive-income-statement-example.jpg I referenced investopedia just to show, that what I am looking for is not something strange. Originally I was just looking for some report to provide a delta between 2 of my balances sheets reports. Ledger is able to show unrealized gains, however it also pulls Assets in the same report. But I do not want assets to be shown on the same report together with unrealized gains. I must say though, I have a feeling, that I am still missing something. I just don't understand how people, who do investments, own stock can live without such report. Is't it logical to be able to explain a delta in your financial net worth between 2 periods of time? So much salary so much expenses so much increase due to company XXX shared change Overall change XXXX Without such report you would look at 2 balance sheet reports (A and B) but would not know how exactly you came from A to B. > > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
