Question regarding investment quotes

[David T.]

Kradak--

----- Original Message -----
From: Kradak Thomas <cthomas at kradak.com>
To: gnucash-user at gnucash.org
Cc: 
Sent: Wednesday, July 20, 2011 8:53 AM
Subject: Question regarding investment quotes

I have been trying to clean up my gnucash accounts (doing my semi-annual
finances) and have some questions about securities and price quote updates



1.      I have set my securities to get online quotes (Tools.Security
Editor.Edit Security.Get Online Quotes). Not all of my securities will get
regular quotes (I have it set to use Yahoo USA for NYSE, NASDAQ, etc.
securities). Is this a feature or a bug?

I'm not sure what you're talking about exactly, but I think you're going about it wrong. If you want commodity prices to be obtained, go to Tools->Price Editor and Click "Get Quotes". Gnucash will only retrieve prices when you do this, so if you want regular price updates, you will have to do this regularly (or write a script that runs on a regular basis to do it automatically).

2.      More importantly, for those securities that retrieve quotes,
entries appear in the security ledgers for "price as of date based on
closing price" with transfer to/from my Imbalance-USD ledger.

Again, I think you're going about this wrong, since clicking the Get Quotes button as described above doesn't create any transactions; it just creates a new price entry. I suspect that your approach is actually re-valuing the stocks, which would explain the balancing transaction. Try the method I mention above, and see if that works better for you.


HTH,
David

a.      The imbalance ledger lists a withdrawal in this amount (the price
of one share). This seems stupid to me-I didn't buy or sell anything.

b.      Is there a better transfer account to have these price checks
logged?

Thanks



Kradak

Gnucash Windows (v2.4.5)



"I am not a programmer, nor am I an accounting person. I use gnucash because
I don't like Quicken, Money and the like always asking me for more money."

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