Trouble with Investment account and balance sheet.

[Derek Atkins]

Please be sure to cc gnucash-user on all replies....

Quoting Jean-David Beyer <jdbeyer at exit109.com>:

> Derek Atkins wrote:
>> Gnucash 1.8 does not handle the automatic processing of
>> capital gains/losses..  So when you sold the shares you
>> didn't account of the income of the gain (or expense of
>> the loss)..  So the balance sheet is off.
>>
>> This will be better handled in gnucash2 -- you can check it
>> out of SVN if you wish, but it's unlikely you'll get it
>> to work on RHEL3.
>>
> If the operative word is "automatic," can I not set up some capital gain
> account(s) somewhere and do it manually? I would be willing to do that, but
> I do not know accounting well enough to know where to put it.

Yes, you could do this manually for now.  An "Income:Capital Gains"
account would probably be best.

-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