Commission split buying stocks?

Derek Atkins warlord at MIT.EDU
Tue Nov 2 10:27:36 EST 2004


Buying works the same way. Just reverse the Stock and Bank columns and
add the commission to the Bank instead of subtracting it.

-derek

EarlHawgwallop at netscape.net writes:

> Right; I can get it to work on a "Sell" transaction, but haven't successfully adapted this to a "Buy" transaction. I'll try again tonight.
>
>
> Derek Atkins <warlord at MIT.EDU> wrote:
>
>>Hi,
>>
>>Please be sure to CC gnucash-user on all replies...
>>
>>EarlHawgwallop at netscape.net writes:
>>
>>> Thanks. What happens is GNUCash substracts the cost of the
>>> commmission from the trade. The account is an asset-brokerage-stock
>>> account. I'm trying to record the split such that the commission is
>>> subtracted from asset-brokerage-cash, and added to
>>> expense-commissions. U.S. locale, USD currency.
>>>
>>> This could (likely) be my error. Any examples or hints would be most
>>> appreciated. Thanks again.
>>
>>It's a three-split transactions.  Let's say you sell 10 shares for $10
>>each and then pay a $19.95 commission.  This would imply:
>>
>>     Stock    10  10       100
>>     Bank                       80.05
>>     Commission                 19.95
>>
>>-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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-- 
       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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