Implement separate reporting of Other Comprehensive Income (e.g. unrealised gains)

README.md

@@ -15,6 +15,7 @@ ledger-pyreport is a lightweight Flask webapp for generating interactive and pri
 
 * Correctly values assets/liabilities at market value, and income/expenses at cost (pursuant to [AASB 121](https://www.aasb.gov.au/admin/file/content105/c9/AASB121_08-15_COMPfeb16_01-19.pdf)/[IAS 21](https://www.ifrs.org/issued-standards/list-of-standards/ias-21-the-effects-of-changes-in-foreign-exchange-rates/) para 39)
 * Correctly computes unrealised gains ([even when Ledger does not](https://yingtongli.me/blog/2020/03/31/ledger-gains.html))
+* Accounts for both profit and loss, and other comprehensive income
 * Simulates annual closing of books, with presentation of income/expenses on the balance sheet as retained earnings and current year earnings
 * Can simulate cash basis accounting, using FIFO methodology to recode transactions involving liabilities and non-cash assets
 

config.example.yml

@@ -9,9 +9,13 @@ liabilities_account: Liabilities
 equity_account: Equity
 income_account: Income
 expenses_account: Expenses
+oci_account: OCI # Other Comprehensive Income
 
 # These accounts will automatically be populated on reports
-unrealized_gains: 'Equity:Unrealized Gains'
+unrealized_gains: 'OCI:Unrealized Gains'
+
+accumulated_oci: 'Equity:Accumulated Other Comprehensive Income'
+current_year_oci: 'Equity:Current Year Other Comprehensive Income'
 retained_earnings: 'Equity:Retained Earnings'
 current_year_earnings: 'Equity:Current Year Earnings'
 

demo/config.yml

@@ -9,9 +9,13 @@ liabilities_account: Liabilities
 equity_account: Equity
 income_account: Income
 expenses_account: Expenses
+oci_account: OCI # Other Comprehensive Income
 
 # These accounts will automatically be populated on reports
-unrealized_gains: 'Equity:Unrealized Gains'
+unrealized_gains: 'OCI:Unrealized Gains'
+
+accumulated_oci: 'Equity:Accumulated Other Comprehensive Income'
+current_year_oci: 'Equity:Current Year Other Comprehensive Income'
 retained_earnings: 'Equity:Retained Earnings'
 current_year_earnings: 'Equity:Current Year Earnings'
 

ledger_pyreport/__init__.py

@@ -47,9 +47,7 @@ def trial():
 		l = ledger.raw_transactions_at_date(date)
 		if cash:
 			l = accounting.ledger_to_cash(l, report_currency)
-		trial_balance = accounting.trial_balance(l, date, pstart)
+		trial_balance = accounting.trial_balance(l, date, pstart, report_currency)
-		
-		trial_balance = accounting.add_unrealized_gains(trial_balance, report_currency)
 		
 		total_dr = Amount(0, report_currency)
 		total_cr = Amount(0, report_currency)
@@ -71,7 +69,7 @@ def trial():
 		l = ledger.raw_transactions_at_date(date)
 		if cash:
 			l = accounting.ledger_to_cash(l, report_currency)
-		trial_balances = [accounting.add_unrealized_gains(accounting.trial_balance(l, d, p), report_currency) for d, p in zip(dates, pstarts)]
+		trial_balances = [accounting.trial_balance(l, d, p, report_currency) for d, p in zip(dates, pstarts)]
 		
 		# Delete accounts with always zero balances
 		accounts = sorted(l.accounts.values(), key=lambda a: a.name)
@@ -95,7 +93,7 @@ def balance():
 	l = ledger.raw_transactions_at_date(date)
 	if cash:
 		l = accounting.ledger_to_cash(l, report_currency)
-	balance_sheets = [accounting.balance_sheet(accounting.add_unrealized_gains(accounting.trial_balance(l, d, p), report_currency)) for d, p in zip(dates, pstarts)]
+	balance_sheets = [accounting.balance_sheet(accounting.trial_balance(l, d, p, report_currency)) for d, p in zip(dates, pstarts)]
 	
 	# Delete accounts with always zero balances
 	accounts = list(l.accounts.values())
@@ -119,6 +117,7 @@ def pandl():
 	date_end = datetime.strptime(flask.request.args['date_end'], '%Y-%m-%d')
 	compare = int(flask.request.args['compare'])
 	cash = flask.request.args.get('cash', False)
+	scope = flask.request.args['scope']
 	
 	dates_beg = [date_beg.replace(year=date_beg.year - i) for i in range(0, compare + 1)]
 	dates_end = [date_end.replace(year=date_end.year - i) for i in range(0, compare + 1)]
@@ -127,7 +126,7 @@ def pandl():
 	l = ledger.raw_transactions_at_date(date_end)
 	if cash:
 		l = accounting.ledger_to_cash(l, report_currency)
-	pandls = [accounting.trial_balance(l, de, db) for de, db in zip(dates_end, dates_beg)]
+	pandls = [accounting.trial_balance(l, de, db, report_currency) for de, db in zip(dates_end, dates_beg)]
 	
 	# Delete accounts with always zero balances
 	accounts = list(l.accounts.values())
@@ -135,7 +134,7 @@ def pandl():
 		if all(p.get_balance(account) == 0 and p.get_total(account) == 0 for p in pandls):
 			accounts.remove(account)
 	
-	return flask.render_template('pandl.html', period=describe_period(date_end, date_beg), ledger=l, pandls=pandls, accounts=accounts, config=config, report_currency=report_currency, cash=cash)
+	return flask.render_template('pandl.html', period=describe_period(date_end, date_beg), ledger=l, pandls=pandls, accounts=accounts, config=config, report_currency=report_currency, cash=cash, scope=scope)
 
 @app.route('/transactions')
 def transactions():
@@ -153,7 +152,7 @@ def transactions():
 		l = accounting.ledger_to_cash(l, report_currency)
 	
 	# Unrealized gains
-	l = accounting.add_unrealized_gains(accounting.trial_balance(l, date_end, date_beg), report_currency).ledger
+	l = accounting.trial_balance(l, date_end, date_beg, report_currency).ledger
 	
 	if not account:
 		# General Ledger
@@ -168,8 +167,8 @@ def transactions():
 		account = l.get_account(account)
 		transactions = [t for t in l.transactions if t.date <= date_end and t.date >= date_beg and any(p.account == account for p in t.postings)]
 		
-		opening_balance = accounting.trial_balance(l, date_beg - timedelta(days=1), date_beg).get_balance(account).clean()
+		opening_balance = accounting.trial_balance(l, date_beg - timedelta(days=1), date_beg, report_currency).get_balance(account).clean()
-		closing_balance = accounting.trial_balance(l, date_end, date_beg).get_balance(account).clean()
+		closing_balance = accounting.trial_balance(l, date_end, date_beg, report_currency).get_balance(account).clean()
 		
 		def matching_posting(transaction, amount):
 			return next((p for p in transaction.postings if p.account == account and p.amount.currency == amount.currency), None)
@@ -180,8 +179,8 @@ def transactions():
 		account = l.get_account(account)
 		transactions = [t for t in l.transactions if t.date <= date_end and t.date >= date_beg and any(p.account == account for p in t.postings)]
 		
-		opening_balance = accounting.trial_balance(l, date_beg - timedelta(days=1), date_beg).get_balance(account).exchange(report_currency, True)
+		opening_balance = accounting.trial_balance(l, date_beg - timedelta(days=1), date_beg, report_currency).get_balance(account).exchange(report_currency, True)
-		closing_balance = accounting.trial_balance(l, date_end, date_beg).get_balance(account).exchange(report_currency, True)
+		closing_balance = accounting.trial_balance(l, date_end, date_beg, report_currency).get_balance(account).exchange(report_currency, True)
 		
 		return flask.render_template('transactions.html', date_beg=date_beg, date_end=date_end, period=describe_period(date_end, date_beg), account=account, ledger=l, transactions=transactions, opening_balance=opening_balance, closing_balance=closing_balance, report_currency=report_currency, cash=cash, timedelta=timedelta)
 

ledger_pyreport/accounting.py

@@ -15,6 +15,7 @@
 #   along with this program.  If not, see <https://www.gnu.org/licenses/>.
 
 import csv
+from datetime import timedelta
 from decimal import Decimal
 import math
 
@@ -22,7 +23,7 @@ from .model import *
 
 # Generate a trial balance
 # Perform closing of books based on specified dates
-def trial_balance(ledger, date, pstart):
+def trial_balance_raw(ledger, date, pstart):
 	tb = TrialBalance(ledger, date, pstart)
 	
 	for transaction in ledger.transactions:
@@ -32,13 +33,43 @@ def trial_balance(ledger, date, pstart):
 		for posting in transaction.postings:
 			if (posting.account.is_income or posting.account.is_expense) and transaction.date < pstart:
 				tb.balances[config['retained_earnings']] = tb.get_balance(ledger.get_account(config['retained_earnings'])) + posting.amount
+			elif posting.account.is_oci and transaction.date < pstart:
+				tb.balances[config['accumulated_oci']] = tb.get_balance(ledger.get_account(config['retained_earnings'])) + posting.amount
 			else:
 				tb.balances[posting.account.name] = tb.get_balance(posting.account) + posting.amount
 	
 	return tb
 
-# Adjust (in place) a trial balance for unrealized gains
+# Trial balance with unrealized gains and OCI
-def add_unrealized_gains(tb, currency):
+def trial_balance(ledger, date, pstart, currency):
+	tb_date, r_date = _add_unrealized_gains(trial_balance_raw(ledger, date, pstart), currency)
+	tb_pstart, r_pstart = _add_unrealized_gains(trial_balance_raw(ledger, pstart - timedelta(days=1), pstart), currency)
+	
+	for account in set(list(r_date.keys()) + list(r_pstart.keys())):
+		if account in r_pstart:
+			# Charge previous unrealized gains to Accumulated OCI
+			#r_pstart[account].postings[1].account = ledger.get_account(config['accumulated_oci'])
+			accumulated = r_pstart[account].postings[0].amount
+			
+			tb_date.balances[account.name] = tb_date.get_balance(account) + accumulated
+			tb_date.balances[config['accumulated_oci']] = tb_date.get_balance(ledger.get_account(config['accumulated_oci'])) - accumulated
+		
+		if account in r_date:
+			if account in r_pstart:
+				# Adjust for this year's unrealized gains only
+				r_date[account].postings[0].amount -= accumulated
+				r_date[account].postings[1].amount += accumulated
+			
+			tb_date.balances[account.name] = tb_date.get_balance(account) + r_date[account].postings[0].amount
+			tb_date.balances[config['unrealized_gains']] = tb_date.get_balance(ledger.get_account(config['unrealized_gains'])) - r_date[account].postings[0].amount
+	
+	return tb_date
+
+# Adjust (in place) a trial balance for unrealized gains without accumulating OCI
+def _add_unrealized_gains(tb, currency):
+	results = {}
+	unrealized_gain_account = tb.ledger.get_account(config['unrealized_gains'])
+	
 	for account in list(tb.ledger.accounts.values()):
 		if not account.is_market:
 			continue
@@ -50,10 +81,12 @@ def add_unrealized_gains(tb, currency):
 		if unrealized_gain != 0:
 			transaction = Transaction(tb.ledger, None, tb.date, '<Unrealized Gains>')
 			transaction.postings.append(Posting(transaction, account, unrealized_gain))
-			transaction.postings.append(Posting(transaction, tb.ledger.get_account(config['unrealized_gains']), -unrealized_gain))
+			transaction.postings.append(Posting(transaction, unrealized_gain_account, -unrealized_gain))
 			tb.ledger.transactions.append(transaction)
 			
-	return trial_balance(tb.ledger, tb.date, tb.pstart)
+			results[account] = transaction
+	
+	return tb, results
 
 # Adjust (in place) a trial balance to include a Current Year Earnings account
 # Suitable for display on a balance sheet
@@ -64,6 +97,12 @@ def balance_sheet(tb):
 	# Add Current Year Earnings account
 	tb.balances[config['current_year_earnings']] = tb.get_balance(tb.ledger.get_account(config['current_year_earnings'])) + total_pandl
 	
+	# Calculate OCI
+	total_oci = tb.get_total(tb.ledger.get_account(config['oci_account']))
+	
+	# Add Current Year OCI account
+	tb.balances[config['current_year_oci']] = tb.get_balance(tb.ledger.get_account(config['current_year_oci'])) + total_oci
+	
 	return tb
 
 def account_to_cash(account, currency):

ledger_pyreport/jinja2/index.html

@@ -48,6 +48,11 @@
 			<label>End date: <input name="date_end" data-inputgroup="date" value="{{ date.strftime('%Y-%m-%d') }}" style="width: 6em;" oninput="txtc(this)"></label>
 			<label>Compare <input name="compare" data-inputgroup="compare" value="0" style="width: 2em;" oninput="txtc(this)"> periods</label>
 			<label><input name="cash" data-inputgroup="cash" type="checkbox" oninput="chbc(this)"> Cash basis</label>
+			<label>Scope: <select name="scope">
+				<option value="pandl" selected>P&L only</option>
+				<option value="oci">OCI only</option>
+				<option value="both">P&L and OCI</option>
+			</select></label>
 		</form>
 	</div>
 	

ledger_pyreport/jinja2/pandl.html

@@ -66,15 +66,47 @@
 	<h2>For the {{ period }}</h2>
 	
 	<table class="ledger onedesc">
-		{{ do_accounts(ledger.get_account(config['income_account']), 'Income', True, True) }}
+		{# Profit and loss #}
-		<tr><td colspan="2">&nbsp;</td></tr>
+		{% if scope != 'oci' %}
+			{{ do_accounts(ledger.get_account(config['income_account']), 'Income', True, True) }}
+			<tr><td colspan="{{ pandls|length + 1}}">&nbsp;</td></tr>
 			
-		{{ do_accounts(ledger.get_account(config['expenses_account']), 'Expenses', False, False) }}
+			{{ do_accounts(ledger.get_account(config['expenses_account']), 'Expenses', False, False) }}
-		<tr><td colspan="2">&nbsp;</td></tr>
+			<tr><td colspan="{{ pandls|length + 1}}">&nbsp;</td></tr>
 			
-		<tr class="total">
+			<tr class="total">
-			<td>Net Surplus (Loss)</td>
+				<td>Net Profit (Loss)</td>
-			{% for pandl in pandls %}<td>{{ -(pandl.get_total(ledger.get_account(config['income_account'])) + pandl.get_total(ledger.get_account(config['expenses_account']))).exchange(report_currency, True)|a }}</td>{% endfor %}
+				{% for pandl in pandls %}<td>{{ -(pandl.get_total(ledger.get_account(config['income_account'])) + pandl.get_total(ledger.get_account(config['expenses_account']))).exchange(report_currency, True)|a }}</td>{% endfor %}
-		</tr>
+			</tr>
+		{% else %}
+			<tr>
+				<th></th>
+				{% for pandl in pandls %}<th class="h2">{{ pandl.date.strftime('%Y') }}&nbsp;</th>{% endfor %}
+			</tr>
+			<tr>
+				<td>Net Profit (Loss)</td>
+				{% for pandl in pandls %}<td>{{ -(pandl.get_total(ledger.get_account(config['income_account'])) + pandl.get_total(ledger.get_account(config['expenses_account']))).exchange(report_currency, True)|a }}</td>{% endfor %}
+			</tr>
+		{% endif %}
+		
+		{# Other comprehensive income #}
+		{% if scope != 'pandl' %}
+			<tr><td colspan="{{ pandls|length + 1}}">&nbsp;</td></tr>
+			<tr><th class="{% if scope == 'both' %}h1{% else %}h2{% endif %}" colspan="{{ pandls|length + 1 }}">Other Comprehensive Income</th></tr>
+			{% for child in ledger.get_account(config['oci_account']).children|sort(attribute='name') if child in accounts %}
+				{{ print_rows(child, True, 0) }}
+			{% endfor %}
+			
+			<tr class="total">
+				<td>Total Other Comprehensive Income</td>
+				{% for pandl in pandls %}<td>{{ -pandl.get_total(ledger.get_account(config['oci_account'])).exchange(report_currency, True)|a }}</td>{% endfor %}
+			</tr>
+			<tr><td colspan="{{ pandls|length + 1}}">&nbsp;</td></tr>
+			
+			<tr class="total">
+				<td>Total Comprehensive Income</td>
+				{% for pandl in pandls %}<td>{{ -(pandl.get_total(ledger.get_account(config['income_account'])) + pandl.get_total(ledger.get_account(config['expenses_account'])) + pandl.get_total(ledger.get_account(config['oci_account']))).exchange(report_currency, True)|a }}</td>{% endfor %}
+			</tr>
+		{% endif %}
 	</table>
 {% endblock %}

ledger_pyreport/model.py

@@ -130,6 +130,9 @@ class Account:
 	def is_cash(self):
 		# Is this a cash asset?
 		return any(self.matches(a) for a in config['cash_asset_accounts'])
+	@property
+	def is_oci(self):
+		return self.matches(config['oci_account'])
 	
 	@property
 	def is_cost(self):

ledger_pyreport/static/main.css

@@ -86,6 +86,10 @@ table.ledger a:hover {
 	color: #666;
 }
 
+label {
+	margin-left: 1ex;
+}
+
 @media screen {
 	body {
 		padding: 2em;