Handling stock in Gnucash
Dave Reed
drlinux at columbus.rr.com
Thu Aug 5 13:19:19 EDT 2004
I had never read those docs before but just skimmed through
them. Everything makes sense and matches what I do except for one
thin. I don't understand why an expense account is created for
commissions. I always just included them in the transaction price so I
can accurately calculate capital gains (the buy commission adds to
your basis). With a separate expense account you can't just print a
report and know what your gains/losses are.
Also, to answer one of spamproof's question, I don't think there is a
way to calculate the total return including dividends. My portfolio
isn't that big so I do it separately from gnucash. I just created a
couple text files that has purchase price/date, dividend amount/date
for my stocks. I then wrote a couple Python scripts to calculate the
total return and average annual return based on the current price.
If gnucash can do this, I would appreciate a pointer to the
appropriate documentation.
Thanks,
Dave
On Thursday 05 August 2004 12:06, Derek Atkins wrote:
> Read the docs. This is well explained there.
>
> -derek
>
> Spam Proof <spamproof007 at yahoo.co.in> writes:
>
> > Hi,
> > I am yet to find a good way to handle stocks. I want to record
brokerages
> > separately so that I can track the cost of each transaction. I also
want brokerages
> > and dividends to be included when calculating the returns (in the
advanced
> > portfolio report). Has anyone done something similar? If yes, how?
> > Thanks.
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