sell stock

Derek Atkins warlord at MIT.EDU
Tue Apr 6 16:12:34 EDT 2004


It all has to be in one split transaction.  You have AT LEAST FOUR splits:

1) The stock sale in the stock account      (sale)
2) The stock sale in the cash account       (net)
3) The stock gain in the stock account      (gain)
4) The stock gain in the income account     (gain)

Optionally you can have a commission in the expense account.

sale = net+commission
gain = gain

-derek

Faisal Moledina <fmoledina at uwaterloo.ca> writes:

> ok.  i think i was doing thing in the wrong order, trying to force the profit 
> before balancing it with the income.  thanks for your help :) .
>
> fideli
>
> On April 6, 2004 4:00 pm, Derek Atkins wrote:
>> Well, for one thing it's not balanced!  Fix that first.
>>
>> -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
       warlord at MIT.EDU                        PGP key available


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