Capital gains

[Derek Atkins]

Quoting Eric Angell <eric at magicpacket.net>:

> My previous proposal applied to this transaction would look like
> the following:
>
> A:Inv:AmMargin                              $2989.00
> E:InvExp:AmMargin                              $8.00
> A:Inv:AmMargin:BRKb    -1.00      $2997.00            $2997.00
> I:CapGain:AmMargin                                    $1509.88
> A:Inv:AmMargin:BRKb     0.00         $0.00  $1509.88
>
> At least in this case, the sale price of the asset is clearly
> indicated, even though it requires an additional disingenuous
> split to make it balance.  I don't really like either way.
>
> Derek, when you suggested using I:CapGains, how did you imagine
> the split fitting into the sell transaction?

This way...  You sold 1 share for $2997, paid a fee of $8 for a net
proceeds of $2989 (that went into your Margin Account)...  Then you
balance out the cap-gains with the $1509.88 split.

For the record, the SVN code should auto-insert the $1509.88 split-pairs
based on the purchase price of the lot used for this sale.  Note that
I say "should"..   I've not played with this code and it's probably not
well-tested.

-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