Currency Trading

Derek Atkins warlord at MIT.EDU
Fri Apr 28 10:36:14 EDT 2006


"Bengt Thuree" <bengt at thuree.com> writes:

[snip]
> But how to record the Capital Gains?
[snip]
> B) Same as when you sell a stock.
>    Do the currency transaction with the correct exchange rate.
>    Transfere money from Income:Capital Gain/Loss
>
> Any suggestions or recommendations?

I suggest (B).

-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
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