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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