Inclusion of Stocks in gnucash

[Derek Atkins]

Hi,

"Arvind Kumar" <fugetive at gmail.com> writes:

> Josh,
>
> Sorry about the incomplete email..
> The part that i don't understand and not able to reproduce is listed below.
>
> --------------------------------
> The proper recording of the stock sale *must* be done using a split
> transaction. In the split transaction, you must account for the profit (or
> loss) as coming from an Income:Capital Gains account (or Expense:Capital
> Loss). To balance this income, you will need to enter the stock asset twice
> in the split. Once to record the actual sale (using the correct number of
> shares and correct price per share) and once to balance the income profit
> (setting the number of shares to 0 and price per share to 0).
> -------------------------
>
> Arvind

So, what part don't you understand?

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
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