Capital Gains Advice

[David T.]

Anyone?

--- On Thu, 1/27/11, David T. <sunfish62 at yahoo.com> wrote:

> From: David T. <sunfish62 at yahoo.com>
> Subject: Capital Gains Advice
> To: "Users Gnucash" <gnucash-user at gnucash.org>
> Date: Thursday, January 27, 2011, 9:10 PM
> Having spent a good while just now
> trying to (re) grok the concept of capital gains and how to
> account for them in Gnucash, I am wondering whether anyone
> has better instructions than those found in the Guide at
> 8.1. 
> 
> As I see it, the descriptions included in the guide are
> overly simplistic, and don't address some fundamental
> points:
> 
> 1) Is there a simple and principled way to calculate cost
> basis in Gnucash? I spent a while figuring out my cost per
> share, and then trying to figure out how to get that
> reflected in the register. I only had one or two share
> transactions to consider; I shudder to imagine trying to
> figure out cost basis on (say) a mutual fund account that
> has reinvested dividends over the years at different prices
> and in minute fractional shares, and then selling a major
> chunk at a later date... The simple example included in the
> guide glosses over this significant question!
> 
> 2) Commissions need to be discussed in the guide and
> included in the example, since (as I, a Non-Accountant
> understand it) commissions affect one's cost basis in a
> stock. I believe that I got this right, but I don't know for
> sure...
> 
> Clarification and edification are welcome. If I can get my
> mind around all this, I will try to recommend some changes
> to the docs.
> 
> David
> 
> 
>       
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