From 07bda4105fe4c498a62c653ebc792aed64bf0147 Mon Sep 17 00:00:00 2001 From: Simon Michael Date: Sat, 13 Jun 2020 12:30:13 -0700 Subject: [PATCH] ;doc: valuation: tweak --- hledger/hledger.m4.md | 13 +++++++------ 1 file changed, 7 insertions(+), 6 deletions(-) diff --git a/hledger/hledger.m4.md b/hledger/hledger.m4.md index f9a385e74..948e7334f 100644 --- a/hledger/hledger.m4.md +++ b/hledger/hledger.m4.md @@ -1176,19 +1176,20 @@ in this order of preference: 2. an *implied market price* - we look for the latest transaction on or before the valuation date where A is converted to B, - and use its [transaction price](journal.html#transaction-prices) - (assuming that this is probably close to the market price). + and use its [transaction price](journal.html#transaction-prices), + on the assumption that this is probably close to the market price. (*since hledger 1.18; experimental*) 3. a *reverse declared market price* - - calculated by inverting a declared market price from B to A. + if there is a declared market price from B to A, we invert it. 4. a *reverse implied market price* - - calculated by inverting an implied market price from B to A. + if there is an implied market price from B to A, we invert it. 5. an *indirect market price* - - calculated by combining the shortest chain of market prices (any of - the above types) leading from A to B. + we look for the shortest chain of market prices (any of the above + types) leading from A to B, and combine them to give an approximate + A to B price. Amounts for which no suitable market price is found are not converted.