Foreign investment problems

Aaron Gaudio prothonotar at tarnation.dyndns.org
Tue Aug 31 17:35:08 EDT 2004


On Tue, 2004-08-31 at 10:17 -0700, Danny Ciarniello wrote:
> Aaron Gaudio wrote:

> >These settings are wrong. A Stock parent account (to represent a
> >brokerage, for example) should be simply of type "Asset" with a currency
> >commodity. 
> >
> >
> >  
> >
> Well, this is the way that the GnuCash wizard set things up.  Retirement 
> accounts are also set up this way.  As a newbie, my assumption is that 
> if GnuCash sets things up this way, then it must be correct (I admit 
> that this may not be a valid assumption).
> 
> Just for the record, I am using GnuCash 1.8.9 as installed on Linux 
> Fedora Core 2 using yum (I don't recall which repository).
> 
> Your comment implies that all the accounts listed above should be of 
> type "Asset".  Accounts for actual commodities only will be either of 
> type "Stock" or "Mutual Fund", as appropriate.

That's correct, and I agree with your assumption. If Gnucash is setting
them up that way, it is a bug (AFAIK).


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