Inventory and payroll

[John Hasler]

Phillip Shelton writes:
> In the online docs the Stock, Mutual Fund account is a three column
> account that tracks price, _Number of shares_ and cost.

My portfolio is much to small and simple to require any computerization,
but if I understand this account correctly, it computes "cost" as the
product of price and number of shares.  This is, IMHO, incorrect.

> Doesn't this mean that we already have the start of inventory recording
> in Gnucash?

Accounting packages often include inventory control modules.

> But you have to keep a record of the number of shares somewhere else.

In an inventory control system (a simple one, for stocks).
-- 
John Hasler
john@dhh.gt.org (John Hasler)
Dancing Horse Hill
Elmwood, WI