How to handle sale of partial lots of stock?
warlord at MIT.EDU
Wed Mar 15 14:12:14 EST 2006
Um, it should work just fine if you put in the correct gain/loss splits.
Can you show an example of where it's failing, please?
Quoting John Schoffstall <john.schoffstall at pobox.com>:
> [ack, replied to Derek instead of to the list, sorry]
> Thanks for the fast reply!
> Yes, I read that, and set up the splits as described. It works if I
> sell exactly the number of shares that I own. But if -NUM_SHARES is
> less than my total owned shares, my balance sheet will be unbalanced
> as a result. It remains unbalanced until I sell the rest of the
> shares of that stock account.
> == John
> Derek Atkins wrote:
>> You should read the concepts guide.
>> Quoting John Schoffstall <john.schoffstall at pobox.com>:
>>> Greetings! Running 1.8.10 on Debian etch. New GnuCash user, new
>>> list user, new Linux user.
>>> I've been climbing the GnuCash learning curve for the past week,
>>> been happy with the software, and making good progress until now.
>>> I've hit a snag I can't get past, though.
>>> How do you sell a partial lot of stock -- e.g., selling only 100 of
>>> 200 owned shares -- without unbalancing your balance sheet? I've
>>> tried creating two lots, each of 100 shares and only selling one,
>>> but that still whacks the balance sheet.
>>> The examples in the docs all seem to show only the purchase and
>>> sale of equivalent amounts. I've googled the net and the mailing
>>> list archives, but can't find an answer I can understand.
>>> This is a common situation; there must be an answer. Can anyone help?
>>> == John
>>> gnucash-user mailing list
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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
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