Unable to add costs of stock purchases
David Ryder
davaweb at bigpond.net.au
Mon Feb 23 20:27:39 EST 2009
On Mon, 2009-02-23 at 16:44 -0800, Charles Day wrote:
> On Mon, Feb 23, 2009 at 4:32 PM, David Ryder <davaweb at bigpond.net.au>
> wrote:
> Hi,
> A. I have read the pdf file and a lot of things on google but
> I just
> can't get this to work - this is purely an example:
> (Australian stock Exchange)
> 1. Create a Stock account for RIO - OK
> 2. BUY RIO 1000 @ $50.00 using Equity account - automatically
> calculates
> $50,000 - OK
> 3. Brokerage - 375.00 posted to Expsenses:Brokerage - causes
> Imbalance
> 4. GST - 37.50 posted to Expenses:GST - causes larger
> Imbalance.
>
> These are just trying to enter stock before I start using
> gnucash for
> daily transactions but every buy and sell needs to have
> brokerage and
> GST.
>
>
> You have listed the three outlays: cost of stock, brokerage expense,
> and GST, but where's the balancing split of $50412.50 to the equity
> account?
...
>
>
> -Charles
If I understand correctly, I have entered those in Transaction journal
view.
I can not enter the overall total of $50412.50 which is what I
originally tried to do - gnucash keeps automatically calculating just
$50,000 with a box saying 'Recalculate Price/Recalculate shares'.
Nor does it sum the amounts I entered - it just posts brokerage and GST
to Imbalance.
I apologise if I have misunderstood what you are asking.
David
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