How to handle sale of partial lots of stock?

Derek Atkins 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?

-derek

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.
>>
>> http://www.gnucash.org/docs/v1.8/C/gnucash-guide/invest_sell1.html
>>
>> -derek
>>
>> 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
>>> _______________________________________________
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>>
>>
>>
>
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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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