Balance sheet report and Unrealized gain

[Derek Atkins]

"Fabrice Gautier" <fabrice.gautier at gmail.com> writes:

> Hi,
>
> I have trouble understanding the Balance sheet report when I have
> stock buy and sell.
>
>
> My test ledger is pretty simple.
> I have one Income account, a Bank Type  account ("checking") and a
> stock account ("GNU" for a fictional  GNU stock)
> Transactions are:
> 01-01 : Salary : Income  to Checking : 5000 USD
> 01-02:  Buy Stock : Buy 40 GNU stocks @ 50 USD
> 01-04:  Sold Stock : Sold 40 GNU stocks @ 100 USD
>
>
> When i generated the balance sheet report on 01-05 I always see
> - retained earning: 5000 USD
> - unrealized income: 2000 USD
>
> Why is the "income" from the stock trade still classified as
> "unrealized" income even after it is really sold ?

Probably because you didn't manually account for the gain of the
sale.  See the Concepts Guide.

> Thanks
>
> -- Fabrice

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-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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