Stock Basis and Capital Gains from sale

Steve Wallace s.wal at verizon.net
Tue Jul 15 18:49:49 CDT 2003


On Tue, Jul 15, 2003 at 11:28:43AM -0400, Derek Atkins wrote:
> Steve Wallace <s.wal at verizon.net> writes:
> 
> >  For stocks I typically need to use the FIFO method of determining
> >  basis, but sometimes need to specify the exact lots to be sold.
> >  For Mutual Funds I typically need single category average cost
> >  accounting but sometimes use FIFO.
> > 
> > Sorry for such a basic question.  I must be missing something, but I
> > don't see how find the basis or capital gains at all.
> 
> Right now gnucash does not have this functionality.  You need to keep
> track of the basis "by hand"...   Sorry.  It's being worked on....

Can anyone suggest a way to do this manually?  Are people using GnuCash
for investments?  I need to at least be able to calculate the basis
using either FIFO or average cost without adding up columns of numbers
with a pocket calculator.  Then I need a report showing Date, Proceeds
of sale, and basis for each sale.  Is this possible?

Thanks,
Steve Wallace


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