how to view total for expenses subaccount

[Derek Atkins]

"Donald Allen" <donaldcallen at gmail.com> writes:

> In my own (feeble) defense, I will note that in Gnucash, when you
> update stock prices, your net worth changes accordingly, without any
> change in income-expense (this is what prompted my comment). But I
> understand that Gnucash (or the way I'm using it) is doing neither
> strict cash nor accrual accounting, thus Mike's (and Phil's) point.

Correct.

GnuCash keeps track of the AMOUNT of your holdings, not the VALUE of
those holdings.  I.e. it knows you have N shares of stock S, and knows
you bought those N shares at $X each.  The amount and value in the
account itself is computed from the transactions, but the CURRENT
value is computed in the reports from the PriceDB entry.

So yes, UNREALIZED gains do not need transactions tied to them.
Only when you realize a gain/loss do you need a transaction.

> 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