Handling CGT
Dale Alspach
alspach@math.okstate.edu
Wed, 13 Feb 2002 09:53:16 -0600
If you open the transaction journal view or split there should be another
account. Selling 10 shares of XYZ Corp which is kept in the Stocks
(asset) account would look something like this
shares price debit credit
XYZ Corp Stocks -10 1.501 15.01
Gross Revenue 15.01
Depending on what rules apply then you have to figure out how Gross Revenue
divides up into cost (basis) and short term and long term capital gains.
Dale Alspach