Mutual Fund Sale Details

[Mike C.]

OK, I didn't know I was "mix and matching".  I was using the register 
for all entries but getting the value of the profit from the "View Lots" 
which changed after the file was saved.  In this case it was simple to 
figure out what the profit should be since the sale was from shares all 
purchased at one time but in other cases the sale shares could be from 
many purchases or dividend reinvestments at different unit prices.  Is 
there a better way to do this and have GC determine the profit?
Mike

On 2/8/2010 11:29 AM, Derek Atkins wrote:
> "Mike C."<subscribe307 at verizon.net>  writes:
>
>    
>> I purchased a mutual fund some years ago and have had dividends
>> reinvested since.  I recently sold some of the shares and followed the
>> procedure in the documentation under selling shares including the
>> asset sale and recognizing the profit all in one transaction.  Then
>> the "view lots" shows an incorrect profit gain.  If I separate the
>> transaction into two transactions, 1.) asset sale/asset gaining
>> account and 2.) asset with zero shares/ Income capital gains, then the
>> correct profit gain is shown in the "view lots".  Also now if I save
>> the file and reopen it there is an additional transaction with a
>> description of "Realized Gain/Loss" and no numbers except a "1" in the
>> asset share price.  If I delete this transaction, then in the "view
>> lots" the profit is incorrect.
>> This seems like a confusing and complicated way to show a sale if this
>> is the expected result or have I done something wrong?  I am using
>> version 2.2.9 on Windows XP.  Maybe someone else has had a similar
>> experience.
>>      
> Lots are not fully supported.   You can either use lots or not.  If you
> mix and match like that then you're likely to have issues.
>
>    
>> Mike
>>      
>    
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
>>      
> -derek
>
>    
>
>
>
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