Newbie Qs

[Derek Atkins]

Hi,

Keith Iosso <kiosso at alumni.princeton.edu> writes:

> OK, I think I get the theory.  I want some help in how to apply it to my
> reality.  I have 3 stock portfolio accounts.  One holds various stocks
> and cash.  The other two hold various stocks and are linked to cash
> accounts.  
> As far as I understand it, a gnucash stock account seems to be used to
> represent 3 different things:  
> 1. a portfolio account that has various stocks and also holds cash, 

Nope, this should be a Bank or Asset acocunt.

> 2. a portfolio account with stocks that doesn't hold cash and 

I'm not sure what this means.

> 3. an account that I need to create for each stock each portfolio holds
> that only holds a single type of stock.  

Correct.  This is what a stock account is for.

> If I can't represent currency as the commodity in a stock account as
> described above, how would that work?

Here's an example:

Brokerage1     (type = Asset; commodity = USD)
+- Stock1      (type = Stock; commodity = SUNW)
+- Stock2      (type = Stock; commodity = RHAT)
+- Stock3      (type = Stock; commodity = LNUX)

-derek
-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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