gnucash-docs maint: Multiple changes pushed
Frank H. Ellenberger
fell at code.gnucash.org
Mon Aug 8 04:05:19 EDT 2016
Updated via https://github.com/Gnucash/gnucash-docs/commit/53f5bb8d (commit)
via https://github.com/Gnucash/gnucash-docs/commit/2ba65716 (commit)
from https://github.com/Gnucash/gnucash-docs/commit/39173582 (commit)
commit 53f5bb8d600e7e603d2130143a9641b0e6ac7dc4
Author: goodvibes2 <chris.good at ozemail.com.au>
Date: Thu Jul 28 15:32:35 2016 +1000
Bug 115461 - Slightly improve grammar.
diff --git a/guide/C/ch_invest.xml b/guide/C/ch_invest.xml
index 724afe1..e87cd87 100644
--- a/guide/C/ch_invest.xml
+++ b/guide/C/ch_invest.xml
@@ -49,7 +49,7 @@
<varlistentry>
<term><emphasis>Capital gains</emphasis></term>
<listitem>
- <para>It is the difference between
+ <para>The difference between
the purchase and selling prices of an investment. If the selling
price is lower than the purchase price, this is called a
<emphasis>capital loss</emphasis>. Also known as <emphasis>realized
@@ -60,7 +60,7 @@
<varlistentry>
<term><emphasis>Commission</emphasis></term>
<listitem>
- <para>It is the fee you pay to a broker
+ <para>The fee you pay to a broker
to buy or sell securities.</para>
</listitem>
</varlistentry>
@@ -68,7 +68,7 @@
<varlistentry>
<term><emphasis>Common stock</emphasis></term>
<listitem>
- <para>It is a security that
+ <para>A security that
represents a certain fractional ownership of a company. This is what
you buy when you <quote>buy stock</quote> in a company on the open market. This
is also sometimes known as <emphasis>capital
@@ -79,7 +79,7 @@
<varlistentry>
<term><emphasis>Compounding</emphasis></term>
<listitem>
- <para>It is the concept that the
+ <para>The concept that the
reinvested interest can later earn interest of its own (interest on
interest). This is often referred to as <emphasis>compound
interest</emphasis>.</para>
@@ -108,7 +108,7 @@
<varlistentry>
<term><emphasis>Interest</emphasis></term>
<listitem>
- <para>It is what a borrower pays a lender
+ <para>What a borrower pays a lender
for the use of their money. Normally, this is expressed in terms of
a percentage of the principal per year. For example, a savings
account with 1% interest (you are the lender, the bank is the
@@ -120,7 +120,7 @@
<varlistentry>
<term><emphasis>Liquidity</emphasis></term>
<listitem>
- <para>It is a measure of how easily
+ <para>A measure of how easily
convertible an investment is to cash. Money in a savings account is
very liquid, while money invested in a house has low liquidity
because it takes time to sell a house.</para>
@@ -130,7 +130,7 @@
<varlistentry>
<term><emphasis>Principal</emphasis></term>
<listitem>
- <para>It is the original amount of money
+ <para>The original amount of money
invested or borrowed.</para>
</listitem>
</varlistentry>
@@ -147,7 +147,7 @@
<varlistentry>
<term><emphasis>Return</emphasis></term>
<listitem>
- <para>It is the total income plus capital
+ <para>The total income plus capital
gains or losses of an investment. See also
<emphasis>Yield</emphasis>.</para>
</listitem>
@@ -156,7 +156,7 @@
<varlistentry>
<term><emphasis>Risk</emphasis></term>
<listitem>
- <para>It is the probability that the return
+ <para>The probability that the return
on investment is different from what was expected. Investments are
often grouped on a scale from low risk (savings account, government
bonds) to high risk (common stock, junk bonds). As a general rule of
@@ -167,7 +167,7 @@
<varlistentry>
<term><emphasis>Shareholder</emphasis></term>
<listitem>
- <para>Shareholder is a person who holds common
+ <para>A shareholder is a person who holds common
stock in a company.</para>
</listitem>
</varlistentry>
@@ -175,7 +175,7 @@
<varlistentry>
<term><emphasis>Stock split</emphasis></term>
<listitem>
- <para>It occurs when a company offers
+ <para>Occurs when a company offers
to issue some additional multiple of shares for each existing stock.
For example, a <quote>2 for 1</quote> stock split means that if you own 100
shares of a stock, you will receive an additional 100 at no cost to
@@ -188,7 +188,7 @@
<varlistentry>
<term><emphasis>Valuation</emphasis></term>
<listitem>
- <para>It is the process of determining
+ <para>The process of determining
the market value or the price the investment would sell at in a
<quote>reasonable time frame</quote>.</para>
</listitem>
@@ -197,7 +197,7 @@
<varlistentry>
<term><emphasis>Yield</emphasis></term>
<listitem>
- <para>It is a measure of the amount of money
+ <para>A measure of the amount of money
you earn from an investment (IE: how much income you receive from
the investment). Typically this is reported as a percentage of the
principal amount. Yield does not include capital gains or loses (see
commit 2ba657161c81c66afc8ecabb79c1d6df2b4010b4
Author: goodvibes2 <chris.good at ozemail.com.au>
Date: Thu Jul 28 15:05:36 2016 +1000
Bug 115461 - Highlight need to select Account Type when adding new stk acct
diff --git a/guide/C/ch_invest.xml b/guide/C/ch_invest.xml
index 8902034..724afe1 100644
--- a/guide/C/ch_invest.xml
+++ b/guide/C/ch_invest.xml
@@ -186,7 +186,7 @@
</varlistentry>
<varlistentry>
- <term><emphasis>Valutation</emphasis></term>
+ <term><emphasis>Valuation</emphasis></term>
<listitem>
<para>It is the process of determining
the market value or the price the investment would sell at in a
@@ -358,6 +358,32 @@
track the investment itself; an income account to track dividend
transactions; and expense accounts to track investment fees and
commissions.</para>
+
+ <para>In a typical account structure, security accounts are sub accounts
+ of an asset account representing an account at a brokerage firm. The
+ brokerage account would be denominated in your local currency and it
+ would include sub accounts for each security that you trade there.
+ </para>
+
+ <para>Related purchases, sales, income and expense accounts should also
+ be in the same currency as the brokerage account.
+ </para>
+
+ <para>The security sub accounts would each be configured to contain units
+ of a single security selected from the master (user defined) security
+ list and they are expected to use the same currency as the brokerage
+ account.
+ </para>
+
+ <para>Security prices are kept in a separate area of <application>&app;
+ </application> (the Price Database - <menuchoice><guimenu>Tools
+ </guimenu><guimenuitem>Price Editor</guimenuitem></menuchoice>). This
+ contains prices for individual securities (not security accounts). All
+ prices for an individual security are in a single currency. If a
+ security is traded in multiple currencies, then a separate security and
+ separate accounts should be set up of each currency.
+ </para>
+
</sect2>
<sect2 id="invest_custom2">
@@ -700,6 +726,12 @@ Income
<para><emphasis>Create the New Security</emphasis> - To use a new
stock, you must create the stock as a new commodity</para>
+ <note><para>Be sure to first select Account Type <emphasis>Stock
+ </emphasis> or <emphasis>Mutual Fund</emphasis> so that the
+ <guilabel>Select...</guilabel> button brings up the list of
+ securites rather than currencies.</para>
+ </note>
+
<itemizedlist>
<listitem>
<para><emphasis>Select Security/Currency</emphasis> - Click on
@@ -711,8 +743,7 @@ Income
</listitem>
<listitem>
- <para><emphasis>Type</emphasis> - Change the
- <guilabel>type</guilabel> from current to the exchange where the
+ <para><emphasis>Type</emphasis> - Select the exchange where the
security/commodity is traded (in this example NASDAQ).</para>
<para>Select the <guibutton>New</guibutton> button to open the
Summary of changes:
guide/C/ch_invest.xml | 63 ++++++++++++++++++++++++++++++++++++++-------------
1 file changed, 47 insertions(+), 16 deletions(-)
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