stock thoughts

Jon Lapham lapham at extracta.com.br
Wed Jul 30 14:35:08 CDT 2003


Derek Atkins wrote:
> Jon Lapham <lapham at extracta.com.br> writes:
> 
> 
>>I was running through the process of buying and selling stocks, and a
>>few thoughts occurred to me.
>>
>>Assume you use the "stock" account type, and follow the proceedure to
>>build a stock commodity, set the price in the price editor, etc.  When
>>you sell the stock, for a profit, how does this income get accounted
>>for?  Is the stock account itself a pseudo-income account?
> 
> 
> This is a bug.  This is what Lots are supposed to solve.  It has not
> been finished.
> 
> What you need to do is create a split txn that balances out the profit
> based on the cost of the stock and then link that split txn into a
> cap-gains income account.
> 

Okay, can you take a look at this (there is a table and a screenshot, so 
I can't just paste text):

http://www.jandr.org/temp/gnucashdocs/invest_sell1.html

-- 
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  Jon Lapham  <lapham at extracta.com.br>          Rio de Janeiro, Brasil
  Work: Extracta Moléculas Naturais SA     http://www.extracta.com.br/
  Web: http://www.jandr.org/
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