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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