Where are the stock incomes?
Thu, 17 May 2001 12:15:56 -0500
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On Thu, May 17, 2001 at 10:47:39AM +0200, Klaus Ridder was heard to remark:
> Following Situation:
> I buy 10 Stocks for $100, then sell them for $150,-.
> My income from that is $500,-.
> Where can I see that in gnucash? Isn't it possible to "book" that to an
> How can I see how much I won from what stock accounts?
When you sell them, you should see your bank account increase by $500
There used to be a report (in gnucash-1.2) that provided a 'cost-basis'
report. It used a FIFO to show both realized and unrealized gains (the
FIFO is recommended by the IRS, since you want to hold 12 months to
get the long-term cap gains tax rate).
During all the flurry of work on reports, the fifo has fallen into
disrepair. There was a function called xaccAccountRecomputeCostBasis()
in gnucash-1.4 but it disappeared in version 1.5. I am not sure=20
if its been re-implemented in scheme, or what the status is.
Volunteers needed ...
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