Implementing proper cost basis tracking for shares

Phillip Shelton shelton@usq.edu.au
Thu, 19 Oct 2000 11:41:21 +1000


Sorry for being obscure.

I had thought you meant a new account for each parcel.

> -----Original Message-----
> From: Robert Graham Merkel [mailto:rgmerk@mira.net]
> Sent: Thursday, October 19, 2000 11:16 AM
> To: shelton@usq.edu.au
> Cc: gnucash-devel@gnucash.org
> Subject: RE: Implementing proper cost basis tracking for shares
> 
> 
> Phillip Shelton writes:
>  > Are you looking at a new account for each parcel of shares?
>  > 
> Sorry, I'm not quite following your comment.
> 
> For my "alternative" solution to the "share related expense/income",
> each "share account" (each individual stock, not each parcel), you
> would need at least two accounts (one for income, one for expenses).
> 
> If that's not what you're talking about, could you please explain 
> for me - preferably with an example.
> 
> I apologise if I'm a little slow today :)
> 
>  > > -----Original Message-----
>  > > From: gnucash-devel-admin@lists.gnumatic.com
>  > > [mailto:gnucash-devel-admin@lists.gnumatic.com]On Behalf 
> Of Robert
>  > > Graham Merkel
>  > > Sent: Thursday, October 19, 2000 10:35 AM
>  > > To: gnucash-devel@gnucash.org
>  > > Subject: Implementing proper cost basis tracking for shares
>  > > 
>  > >
>  > > The next question is "how do we track income and 
> expenses related to
>  > > a particular share account?", such as dividend payments, 
> brokerage
>  > > fees and the like.  My initial suggestion is for 
>  > > each share account to contain a "accounts containing 
> income/expense
>  > > transactions related to this account" list, and each transaction
>  > > related to a share account should have a "Hi, I'm a 
> <share account
>  > > foo> transaction".  The other alternative is to insist 
> that dedicated
>  > > account(s) be set up so that every expense and all income 
>  > > related to trading a particular stock should be placed in those
>  > > accounts.
>  > >
>  > 
>