Price Source for Mutual Fund and Stock

[Yogesh Agrawal]

Hi,

Derek Atkins <warlord at mit.edu> wrote:

Hi,
>
> "Yogesh Agrawal" <agrawaly at gmail.com> writes:
>
> > I am using gnucash 2.2.4 for Windows on WinXPPro-SP2 too.
> > I understand whether there is pricedb entries or not, you get the same
> > result when you select the price source of  weighted average.
> >
> > I have some other fund as well and for them I get the total amount
> correct
> >
> > But I am having a problem in this particular fund, as both of these
> > transaction are split transactions.
>
> AHH!
>
> Yeah, GnuCash's reports don't really deal well with converting
> from one security to another.  I'm pretty sure many of them expect
> you to go from one security to a currency, and then from the currency
> to another security.
>
> Are the funds denoted in INR?


Yes the funds are denoted in INR, also I don't know what could be the
problem
while converting from one security to another, as it's like selling one
security and from that fund
which effectively is a currency, buying another security.

>
>
> > So the split transaction is like, selling one mutual fund and buying
> another
> > one.
> >
> > So in first case 117.428 unit @ 53.98       = 6338.76
> >
> > I sold something for 6338.76, in which I have capital gain of 338.75
> > and then I bought 117.428 unit @ 53.98
> >
> > in the second case 135.725 unit @ 191.628   = 26008.77
> >
> > I sold something for 26,008.77, in which I have a capital gain of 11,
> 305.23
> > and then I bought 135.725 unit @ 191.628.
> >
> > So which basically means instead of funding from bank, I am funding from
> > the amount that I got while selling some other fund.
> >
> > Is it I am splitting it wrong, or there is some bug in weighted average
> > calculation in the split transaction.
>
> It's probably a problem in the weighted average computation when you
> go from one security to another security.
>
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
>
> -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
>