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I mean that balance report had 0 total. More precisely, I want to convert everything to a single currency, and than have 0 balance. I.g. I want to check my net
by avodonosov 11y ago
I mean that balance report had 0 total. More precisely, I want to convert everything to a single currency, and than have 0 balance. I.g. I want to check my net worth in USD, or my net worth in EUR. To see capital gains/losses.
- kspaans 11y agoIf I'm understanding you correctly you expected to see a line item in your balance report stating your losses due to the change in the exchange rate between USD and EUR? Ledger definitely supports that, you just need to make sure to arrange your accounts and transactions accordingly to capture that information. See the "Currency Trading Accounts" method: https://github.com/ledger/ledger/wiki/Currency-trading-accounts https://github.com/ledger/ledger/wiki/Currency-trading-accou...
- roel_v 11y agoAfter every entry, your total system balances to 0. Of course you have to enter all your entries, and not use the 'auto balancing' and unit conversion things that ledger recommends because they don't make sense. If you use ledger just as a, well, ledger, you can do what you want, of course after specifying exchange rates, just like you'd do in a real accounting system.
- avodonosov 11y agoYou don't understand. I mean I want to enter facts as they are, included real currencies used in transactions. But when I review balance, net worth I want them presented a single currency I choose.
- roel_v 11y agoNo, you don't understand. What you're asking doesn't make sense, but I'll admit it's not obvious when you've never done 'real' double entry accounting. What you need to enter are the 'real facts', it's only at balance time that you can make a 'net worth' in one currency, depending on a given exchange rate.