Stock sales & balance
Martin Ewing
ewing at alum.mit.edu
Thu Jan 30 09:49:45 CST 2003
Hello brave gnuworld -
I was happily running all my accounts with gnucash, until one day I did
a Balance Sheet and found myself way out of balance.
This seems to arise from sales of appreciated (or, lately, depreciated)
stocks or mutual funds. I was just doing the "obvious" thing of
recording a purchase of xxx shares at yyy dollars and a sale of -xxx
shares at zzz dollars. This balances the number of shares, but
unbalances the dollars, because the prices are different.
The only "cure" I see is to book a sale of -xxx shares at yyy (i.e., the
principal value) plus a capital gain/loss income/expense of xxx *
(zzz-yyy) dollars. But then the simplicity of recording the sale is
lost -- i.e., I can't just type in the number of shares & share price
any more.
What to make of this? Is gnucash just not automated enough (auto CG
income)? Should I just forget about account balance? Am I missing
something? Is this discussed somewhere in the documentation?
I would call this a gnucash bug, because it should not allow me to enter
an unbalanced transaction without ringing bells loudly.
I am using v 1.6.6.
Thanks for any advice.
Martin
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